PETALING JAYA: Just as investors were getting more downbeat on the prospects of MK Land Holdings Bhd due to expectations of weaker earnings in the absence of meaningful new launches, “a shot in the arm of sorts” has come in the form of a land sale by the company.To recap, earlier last week, the...

BY M. SHANMUGAMWHILE the attention has been on Bandar Malaysia and the Ministry of Finance Inc (MoF) calling off an agreement with the master developer, a much bigger property development project in Malaysia took off quietly.The Malaysia Vision Valley (MVV), a project that is being carried out by...

BEIJING: Malaysia will be a big beneficiary of China’s Belt and Road initiative with nine memorandums of understanding (MoUs) and agreements, including several new deals totalling more than US$7.22bil (RM31.26bil), signed between companies from the two countries here.The signing of the deals on...

BY OH ING YEENSEMENYIH: Another developer has come on board to offer customers complimentary subscriptions to dimsum, The Star’s video-on-demand (VOD) service.Eco World Development Group Bhd is offering the first 500 purchasers of Eco Majestic projects a one-year subscription of dimsum as part of...

What should you know about Smart Home Security SystemsWith so many choices in properties, there are still a few clear distinctions when it comes to connectivity, location, property pricing, as well as the safety and security features.A property owner can control the level of security applied in...

Standing from left to right: Mr. Dion Tan, Executive Director, Mr. Peter Cheah Senior, General Manager, Dato’ Yau Kok Seng, Group CEO, Ms. Ung Lay Ting, Executive Director (Marketing and Sales), Mr. Kelvin Choo Executive Director (Project)Kota Kemuning: Tropicana Corporation Bhd unveiled two...

KUALA LUMPUR: CIMB Equities Research expects SP Setia’s earnings to be stronger in the coming quarters, driven by lumpy earnings contribution from its Battersea Power Station (BPS) project in London.It said on Friday although SP Setia’s 1Q17 core net profit accounted for only 13% of its and 12%...

BY INTAN FARHANA ZAINULPETALING JAYA: Property developer SP Setia Bhd is expecting higher sales in the coming months to meet its target of RM4bil for this year.For the first quarter ended March 31, 2017, (FY17) the group posted a 15% decline in net profit of RM105.2mil from RM123.4mil a year ago,...

From left: Khir Khalid, Deborah Henry, Jeffrey Ng, Caryn Koh, HC Chan, Kevin Tan and Crystal Teh.PETALING JAYA: Sunway Real Estate Investment Trust (Sunway REIT) has embarked on a sustainability campaign, “Clean Air: A Smoke Free Environment Project” at Sunway Pyramid Shopping Mall.As part of...

BY YOGANESWARI VELLUSAMYDESPITE ample opportunities given to bumiputras to buy property at a discounted price by the state government, many have yet to make good use of it.This has resulted in plenty of unsold bumiputra units even after completion.According to writer and lawyer Khairul Anuar, this...