News: fair property investment

The most recent fair property investment news from a variety of international property news sources.

UOA Development posts RM130m net profit in 1Q

KUALA LUMPUR: UOA Development Bhd, which will be listed on Wednesday, June 8, posted net profit of RM130 million in the first quarter ended March 31, 2011. It said on Monday, June 6 that its revenue was RM145.7 million and profit before tax of RM155.7 million. The current period profit after tax was arrived at [...]

Quality of housing stock already makes KL a global city

The Binjai Residency in Kuala Lumpur. In a recent report from the UK, it was stated that the quality of a city’s housing stock plays an important role in boosting its attraction and making it more competitive in global terms. Malaysia has slipped in global competitiveness according to both The Institute of Management Development and [...]

Dijaya Corp to launch projects with GDV RM3.5b

KUALA LUMPUR: DIJAYA CORPORATION BHD reported net profit of RM18.54 million in the first quarter and announced projects with gross development value (GDV) of RM3.5 billion over the next two years. It said on Friday, May 27, that its earnings jumped 489% from RM3.15 million a year ago, boosted by higher profit margin contributed by [...]

THIS WEEK – TAT South Thailand Travel Fair

Thailand’s Tourism Authority (TAT) is looking to boost tourism with their “Amazing Coast South” Travel Fair this week.

UK Residential Real Estate Stumbles in Shaky Economy

Property prices in the UK have yet to return to pre-2008 levels due to homeowner and homebuyer fears of an uncertain economy. Home prices remain 20% below that of rates seen before the global financial turmoil, but the news isn’t all bad. Employment looks fair for the year and lending has improved…

Property expo sale in state

JOHOR BARU: Prospective property buyers have some 8,000 units of residential, high-rise homes and commercial developments to choose at the Malaysian Property Exposition (MAPEX) sale here. The four-day fair at City Square, which will end tomorrow, is aimed at attract Johoreans to buy these properties under the ‘My First Home Scheme’, which was launched by [...]

Simple basics to sustainability

It is true that words like “going green” and “sustainable” carry much weight these days and many times they have been exploited by various quarters as tools for some personal agenda or to promote product sales. Marketers from various “walks” of industries have benefited substantially from the green and sustainable pitches, and no wonder we [...]

Jeffrey Ng says purchase of Putra Place proper

PETALING JAYA: Sunway REIT Management Sdn Bhd and OSK Trustees Bhd have followed the proper procedures in the acquisition of Putra Place at a public auction, said Sunway REIT Management chief executive officer Datuk Jeffrey Ng. Datuk Jeffrey Ng says the trustee and the manager of Putra Place would vigorously defend all claims raised by [...]

Attraction of average-size residential, shopping projects

The built environment in the Klang Valley, Penang and other parts of the country is poised for major changes going by the ambitious infrastructure and development projects that have been planned to boost the liveability and growth potential of our major cities. Projects such as the mass rapid transit in the Klang Valley and the [...]

Residential property prices to grow by 10pc

Residential property prices are expected to grow 10 per cent this year given the rebound in transaction volume and higher replacement costs, AmResearch says. The research unit of the AmInvestment Bank group said its previous forecast was a growth of five per cent. It said replacement costs were on the rise due to escalating land [...]