KUALA LUMPUR (Nov 30): Ekovest Bhd’s net profit soared to RM3.08 million in its first financial quarter ended Sept 30, 2023 (1QFY2024) from RM182,000 a year ago, thanks to improved results from its construction operations. The group’s quarterly revenue, however, dropped by 15.8% to RM271.9 million from RM322.9 million previously, according to its filing with…
Read MoreKUALA LUMPUR (Nov 30): IJM Corp Bhd’s net profit for the second quarter ended Sept 30, 2023 (2QFY2024) surged over threefold to RM93.69 million from RM27.03 million a year earlier, carried by strong showings from its property development and infrastructure segments. Earnings per share climbed to 2.67 sen from 0.77 sen, according to the group’s…
Read MoreKUALA LUMPUR (Dec 1): YY Lau is set to retire as chairperson of JLL Property Services (Malaysia) Sdn Bhd effective Dec 31, 2023. JLL also announced in a media release on Lau’s retirement that the firm “will enter a new strategic partnership with Appraisal Malaysia, a domestic real estate firm with over 50 years of…
Read MoreKUALA LUMPUR (Nov 29): Rapid KL has denied a viral post that there was an explosion or fire involving a Mass Rail Transit (MRT) train along the Kajang route this afternoon. Rapid KL in a statement on Wednesday informed that the incident only involved the sound of a spark from train number ‘28’ which was…
Read MoreKUALA LUMPUR (Nov 30): Gamuda Land unveiled on Thursday, its first hotel project, ASAI Gamuda Cove. The hotel is part of the 1,530-acre Gamuda Cove township development in Selangor and will be managed by Dusit Hotels and Resorts, the hotel arm of Thailand-based hotel and property development company Dusit International. Comprising 280 rooms across 13…
Read MoreWith the expansion of the Klang Valley Integrated Transit System, savvy property buyers are securing homes near train stations to take advantage of the current and future rail connectivity. Train station is the new “location” now for property hunting. That is not surprising as living near a light rail transit (LRT) station or mass rapid…
Read MoreWong, Azmir, Lee, Lim and Lam during the judging session. High quality of entries posed a tough challenge for judging panel By YANIKA LIEW AS the crowd gathered at the StarProperty Awards 2023 Realtor Edition gala night, the spotlight fell on the faces behind the awards. Taking pride in their holistic and equitable process, the…
Read MoreKUALA LUMPUR (Nov 29): Keretapi Tanah Melayu’s (KTM) Komuter service and Electric Train Service (ETS) are experiencing disruptions of between 15 and 30 minutes from the original schedule on Wednesday due to a train derailment incident at the Klang Valley Double Tracking project engineering 1 (KVDT1) at KM387.755 between the Kuala Lumpur Station and KL…
Read MoreKUALA LUMPUR (Nov 29): Malaysia Building Society Bhd’s (MBSB) net profit dropped 44.3% to RM32.84 million or 0.46 sen for the third quarter ended Sept 30, 2023 (3QFY2023), from RM58.96 million or 0.82 sen a year earlier. The group said earnings were dragged down by higher operating expenses of RM170.6 million and net impairment allowance…
Read MoreRENs share their experiences and views The challenges faced in the tumultuous year gave rise to a period of success for many in the real estate sector. The StarProperty Awards 2023 Realtor Edition emerged as a beacon, acknowledging real estate negotiators (RENs) for their unwavering efforts and determination. Here’s a glimpse into the sentiments shared…
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