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Property News

  • Property News

    Vizione wins RM250m construction job to build apartments in Semenyih

    KUALA LUMPUR (May 29): Vizione Holdings Bhd (KL:VIZIONE) has bagged a RM250 million contract to construct apartments in Semenyih, Selangor, in a related-party transaction. In a bourse filing, Vizione said the project comprises two 15-storey blocks and three 18-storey blocks. The group said its unit Vizione Builder Sdn Bhd accepted the letter award from a…

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  • Property News

    IJM’s 4Q net profit swells, declares six sen dividend

    KUALA LUMPUR (May 29): IJM Corp Bhd’s (KL:IJM) net profit for the fourth quarter ended March 31, 2024 (4QFY2024) leapt over 10-fold to RM305.5 million from RM23.1 million a year earlier, thanks to a sharp rise in other operating income. The construction giant’s other operating income soared to RM241.79 million from RM71 million in the…

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  • Property News

    OSK’s 1Q earnings rise 10% to RM122.93m

    KUALA LUMPUR (May 30): OSK Holdings Bhd’s (KL:OSK) net profit for the first quarter ended March 31, 2024 (1QFY2024) rose 10% to RM122.93 million from RM115.09 million, on the back of a 10% rise in revenue to RM367.94 million, versus RM333.20 million. In a bourse filing on Thursday, OSK said the property, financial services, industries…

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  • Property News

    Real estate becoming new global currency — Juwai IQI

    KUALA LUMPUR (May 30): Real estate is becoming a new global currency amidst a predicted post-pandemic stagflation, said Juwai IQI chief economist Shan Saeed.  “Production cuts are happening, we have geopolitical risks, supply constraints, and China is coming back into the market. Overall, investors are going back to basics with tangible assets like real estate,…

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  • Property News

    IGB’s 1Q net profit triples, boosted by land disposal gains

    KUALA LUMPUR (May 28): Real estate developer IGB Bhd (KL:IGBB) said its net profit more than tripled for the first quarter from a year earlier, thanks largely to land disposal gains. Net profit for the three months ended on March 31, 2024 (1QFY2024) was RM185.34 million, compared to RM56.07 million in the same period last…

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  • Property News

    UEM Sunrise’s sales rise 38% YoY to RM232.6 mil

    KUALA LUMPUR (May 29): UEM Sunrise Bhd saw sales of RM232.6 million, an improvement of 38% year-on-year (YoY), or RM64 million. In a media release on its financial results for the first quarter of 2024 ending March 31, 2024 (1Q2024), UEM Sunrise stated that this “reflects solid demand for properties reasonably priced between RM500,000 to…

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  • Property News

    Rehda Selangor announces new committee

    Zaini is the 2024/2026 Rehda Selangor chairman. The Real Estate and Housing Developers’ Association (REHDA) Selangor Branch welcomes its new committee after announcing the line-up for its 2024/2026 term. The announcement was made after Rehda Selangor’s recent annual general meeting at Wisma Rehda. About 110 members attended the meeting.  The newly elected and appointed committee…

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Aman Residensi

Aman Residensi

Aman Residensi is a freehold high-rise residential development by C.T. World Development Sdn Bhd, located in Bandar Bukit Raja, Klang,...
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