"EcoWorld's revenue surged by 10.9% to reach RM537.79 million, fueled by increased contributions from both existing and recently introduced phases." KUALA LUMPUR, 25th Mar 2024 - Eco World Development Group Bhd (EcoWorld Malaysia) demonstrates robust growth in its first quarter of the financial year ended Jan 31, 2024 (Q1 FY2024), with a 21.5% surge in net profit to RM69.23 million compared to the...
"30% of Malaysian aim to buy houses within 2 years, with 60% budgeting below RM400K. 81% of Malaysians have faced challenges when looking for properties to rent." KUALA LUMPUR, 19th Mar 2024 - According to PropertyGuru, released its "Malaysia Consumer Sentiment Study (CSS) 2024," revealing that 30% of respondents aspire to buy property in the next two years. Among them, 60% are considering purchasing...
"Rehda predicts rising construction costs will impact Malaysian property prices in 2024. Stay informed with our latest report." KUALA LUMPUR, 18th Mar 2024 - Anticipated challenges in the escalating cost of construction materials are projected to drive significant increases in Malaysian property prices during the first half of 2024 (1H 2024), as outlined by the Real Estate and Housing Developers’...
"Sime Darby Property wins Fiabci Malaysia award for Elmina Rainforest Knowledge Centre, showcasing environmental leadership in property development." KUALA LUMPUR, 14th Mar 2024 - Sime Darby Property Bhd maintains its environmental leadership by winning the Fiabci Malaysia Property Award 2023 in the Environmental Category for its Elmina Rainforest Knowledge Centre (ERKC) in City of Elmina, Shah...
"Bank Pembangunan funds Cyberjaya data center construction, driving digital innovation and sustainability. CEO envisions resilient infrastructure and workforce growth." KUALA LUMPUR, 7th Mar 2024 - On Wednesday, Bank Pembangunan Malaysia Bhd announced its commitment to provide RM253.5 million in financing for the construction of a data center in Cyberjaya, Selangor. The tawarruq asset financing...
"Discover Malaysia's Budget 2024 initiatives, supporting MSMEs and homebuyers without fixed income. Government guarantees unlock opportunities." KUALA LUMPUR, 5th Feb 2024 - Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Syarikat Jaminan Kredit Perumahan Bhd (SJKP) have commenced receiving applications from financial institutions participating in the government guarantee schemes outlined in...
"Government unveils Bumiputera Land Corporation to protect land ownership, empower the community. Proposed policy: 20% land return during lease renewal. Details disclosed at Bumiputera Economic Congress 2024." KUALA LUMPUR, 29th Feb 2024 - Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi announced on Thursday the government's intention to establish the Bumiputera Land Corporation (Perbadanan...
"MBSB reports 50% 4QFY2024 net profit rise to RM301.15 million, driven by MIDF acquisition. Strategic focus on Casa, growth, and optimization." KUALA LUMPUR, 28th Feb 2024 - Malaysia Building Society Bhd (MBSB) reported a 50% increase in net profit for the fourth quarter, reaching RM301.15 million compared to RM200.73 million in the previous year. This significant surge was attributed to a one-off gain...
"Berjaya Land (BLand) faces setbacks with a RM76.48M loss in Q2 2024 after an impressive start. Explore the challenges, causes, and their cautious optimism for future growth." KUALA LUMPUR, 27th Feb 2024 - After a strong first financial quarter, Berjaya Land Bhd (BLand) experienced a setback, reporting a net loss of RM76.48 million for the second financial quarter ending Dec 31, 2024 (2QFY2024). This...
"Explore TRX, Malaysia's Financial Centre. PM Anwar reveals incentives for companies relocating—tax exemptions, stamp duty waivers. Uncover TRX's significance, government initiatives, and investment partners driving economic growth in Kuala Lumpur." KUALA LUMPUR, 23th Feb 2024 - Prime Minister Datuk Seri Anwar Ibrahim revealed on Friday that companies moving their operations to the Tun Razak Exchange...
