Better outlook: Gamuda sees better performance next year as the Klang Valley MRT Line 2 progress picks up pace.PETALING JAYA: Gamuda Bhd’s net profit dropped by almost a third to RM102.8mil in the fourth quarter ended July 31 due to an unexpected impairment charge on the Smart...

Real Estate and Housing Developers’ Association (Rehda) has unveiled its wish list for the upcoming Budget 2018 proposals.KUALA LUMPUR: Real Estate and Housing Developers’ Association (Rehda) has unveiled its  wish list for the upcoming Budget 2018 proposals ranging from measures to help...

PASIR GUDANG: Mah Sing Group has awarded a RM50mil contract to Kimlun Group to build a connecting road into the Tanjung Langsat - Cahaya Baru Toll Connecting Highway, which forms part of the Senai Desaru Expressway (SDE).The construction of the connecting road will shorten travel time to locations...

Rehda president Datuk Seri FD Iskandar Mohamed Mansor(filepic) said at a luncheon yesterday that this was the first time Rehda had proposed for a GST exemption on construction materials for houses priced RM500,000 and below.KUALA LUMPUR: The Real Estate and Housing Developers’ Association (Rehda)...

Artiste's impression of Arcoris Mont"Kiara. (Filepic)KUALA LUMPUR: Property developer UEM Sunrise Bhd remains upbeat on its retail space performance amid concerns of oversupply of retail property units, particularly in the Klang Valley.According to UEM Sunrise’s retail and assets management...

Done deal: Ho (second from left) exchanging documents with Kimlun Group executive director Chin Lian Hing at the signing ceremony. With them are Ong (right) and Pasir Gudang Town Council secretary Saipol Rahmat Amat. — BernamaPASIR GUDANG: Mah Sing Group Bhd sees Iskandar Malaysia continuing to...

KUALA LUMPUR: VS Industry Bhd sees its net profit more than triple to RM36.8mil in the fourth quarter ended July 31, compared with RM10.9mil in the same period last year, helped by higher sales orders from existing key customers.Its revenue for the quarter surged 77.4% to RM983.4mil against...

KUALA LUMPUR: Bursa Malaysia extended its decline for the seventh day on Wednesday on continued foreign selling with Genting Bhd, CIMB and Tenaga Nasional weighing on the FBM KLCI.At 5pm, the KLCI was down 1.35 points or 0.08% to 1,764.24. Turnover was 2.21 billion shares valued at RM2.15bil....

Prestigious development: (from left) Kuala Lumpur Pavilion Sdn Bhd CEO Datuk Joyce Yap, FT Minister Datuk Seri Utama Tengku Adnan Tengku Mansor, Pavilion design director Tan Peng Han, Pavilion Group deputy chairman Puan Sri Cindy Lim and 1 Pavilion Property Consultancy Sdn Bhd sales and marketing...

Steady income: Potential buyers visiting Glomac’s booth at a property fair. To date, Glomac has unbilled sales amounting to RM570mil, which will last for the next two years.KUALA LUMPUR: Glomac Bhd has earmarked new property launches with a gross development value (GDV) of RM810mil for the...