Category: Press Releases (developers and more)
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Sunway Berhad’s Q3: Higher net profit and low-gearing of 0.38 times
I do not own any Sunway Berhad shares. Do read the below, compare it versus all the other stocks that you wishes to buy and decide by yourself for yourself yeah. In terms of the numbers, I think Sunway Bhd has shown some healthy numbers especially with the current slowdown. Yes, they are also the…
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Winners in Malaysia Property Award 2016 by Fiabci Malaysian Chapter
It was an honour for me to have been invited by my good friend Michael Geh to attend the 2016 Malaysia Property Award in One World Hotel recently. Here, I would like to share the Press Release by the organiser. Instead of just any property, how about buying an award winning property? Sometimes, for the same…
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Upgrading and expansion of Bandar Puteri Puchong interchange
All of us have heard of the three magical words for property investment. Location, Location and Location. I personally subscribe to Connectivity and Objectivity instead. I think Puchong is an extremely popular place for many of my colleagues. One told me she would never move away. So, if you are thinking about Puchong as a…
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THE LINE Sukhumvit 101 – Global Launch (12,13 Nov in KL)
This is a Press Release by Sansiri-BTS for “THE LINE Sukhumvit 101” Global Launch: Freedom-inspired Condominium in Bangkok’s new commercial district 5-Mins Walk to BTS Punnawithi, Comprehensive Co-Living Spaces and High Ceiling to Serve Freedom Lifestyles – Presales in Kuala Lumpur this 12-13 November – Caption: THE LINE Sukhumvit 101, a freehold condominium located next to…
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Property Insight Prestigious Developers Award 2016
Last Friday, I was at the Prestigious Developers Awards 2016 organised by Property Insight at the Shangri-la Hotel Kuala Lumpur. When I arrived at the main ballroom, there were already lots of developers, all dressed to their best and I think the atmosphere was positive. Perhaps some of them already know that they won awards?…
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Hua Yang: Revenues are up, profits too.
Another good news from a not so good property market. We should keep noting all these because there are always developers whose products are somehow less affected or even still doing fine. Hua Yang’s pre- tax profit for the second quarter ended Sept 30, 2015 has increased to RM38.2 million versus RM35.2 million in the…
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Need more profits? Just become a developer.
I always smile whenever I read about non-developer listed companies announcing to the world that they are going to do property development. It will help to increase their profits. Truthfully, what happened to their core business? Why is the core business not doing as well nowadays? Is it because they are no longer competitive in…
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First 6 months, SP Setia’s net profit margin at 12.83%
Want to know what’s the net profit margin for one of Malaysia’s most famous developer, SP Setia? It’s 12.83% for first 6 months. For the first 6 months, it’s net profit stood at RM328.51 million versus a revenue of RM2.56 billion. YES, this is just for 6 months. Yes, the margin is not that amazingly…
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Buy property and stand to win Mini. Not bad at all.
Honestly, I would not buy a property even if it comes free with a nice car. The reason is simple. I am going to be the one actually paying for it anyway because the price of the car would have been included into the property price. This is especially the case when every house bought…
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Battersea by SP Setia and co, dismantling work has started
Remember the iconic Battersea Project by SP Setia and partners? My neighbour’s son, who’s about my age bought one unit! Sometimes I do wonder why some people can be so rich. Haha. Anyway, if you want to know my neighbour’s son is in the financial market, some positions with a global bank and should already…
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Facilities for disabled, come on just do it developers, whoever you are.
It was reported that Kuala Lumpur City Hall (DBKL) will be serious in ensuring contractors and developers meeting the latest guidelines on providing accessibility for disabled persons in new development projects in Kuala Lumpur. This is as per the standard by the Department of Standards Malaysia. Kuala Lumpur mayor Datuk Seri Ahmad Phesal Talib that…
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MyHome subsidy scheme
Under a new programme called MyHome, a total of RM300 million would help the middle-class public to purchase low cost homes with reduced price. This scheme is eligible to those who are earning less tan Rm3,000 household income per month. Up to 10,000 units may be eligible for the subsidy this year. Example of how…