Bursa Malaysia (KLSE) Stock Investment Portal

This is a very undervalued company with good growth potential for the next few years. Unfortunately most analysts still feel reluctant to upgrade the property sector or say something positive about the sector.... Nevertheless this could be a bottom fishing opportunity....

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Stock: [SKYGATE]: SKYGATE SOLUTIONS BERHAD

2019-08-12 18:18 | Report Abuse

Ewein is expected to report very good profits for the next few quarters due to the good sales of City of Dreams and the advance stage of completion

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Stock: [L&G]: LAND & GENERAL BHD

2019-08-02 18:14 | Report Abuse

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The proposed re-development of the Sri Damansara Club land is currently in progress. The Court Order to wind up Sri Damansara Club’s interest scheme was obtained in June 2019. The Club is expected to cease operation by the 4th quarter 2019. The preparation for submission of the development plans for a mixed high rise development project is underway. The estimated
GDV of the project is valued at RM2.0 billion

Aria Rimba, L&G’s 112-acre township at U10, Shah Alam, is a mixed-development project that consists of link houses, semidetached houses, serviced apartments and affordable houses under the Rumah Selangorku initiative. The project, with an estimated total gross development value (GDV) of RM1.1 billion, will be developed over five phases throughout the next six years. Earthworks for Aria Rimba has already commenced and the development is expected to be launched from early 2020 onwards.

For FY March 2020 financial year, the Group is well poised to take advantage of an upward trending market with its on-going projects in the Klang Valley, namely Damansara Seresta (GDV of RM480 million); Astoria Ampang Phase 1 (GDV of RM400 million); and Sena Parc Phase 1 (GDV of RM35 million). The Group also intends to launch its Shah Alam landed development project, Aria Rimba, (GDV of RM1.1 billion) in 2020.

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Stock: [GOB]: GLOBAL ORIENTAL BERHAD

2019-08-01 20:24 | Report Abuse

Currently, the Group has about 500 acres of land bank for
development (including those under joint ventures). Notwithstanding
the challenges faced in the property sector, the Group would
continue its efforts to enhance our land bank via strategic tie ups
or joint ventures with land owners and/or through acquisition.
As at 31 March 2019, the Group had a healthy total unbilled
sale of approximately RM655.0 million from ongoing projects.

Pavilion Embassy, Kuala Lumpur
This development is sited on 5.75 acres of prime
freehold land along Jalan Ampang, Kuala Lumpur. It is an
integrated development which entails a premium collection
of corporate suites, service suites and private residences. It
is strategically located within the upscale enclave of Kuala
Lumpur City Centre, just 1.2 kilometers away from the iconic
Petronas Twin Tower and is situated right in the heart of the
embassy row coveted for its prestigious international address.
The project with an estimated GDV of about RM1.0 billion, will
be developed in 2 phases, with Phase 1 comprising 3 blocks
of corporate and service suites and Phase 2 with 2 blocks
of private residences. Phase 1 was launched in September
2017 and achieved a healthy take up rate of 96% to date. The
construction of substructure works at site was completed
while the main building works are in progress as scheduled.
Meanwhile, Phase 2 was later launched in February 2019 and
received an encouraging response.

Villa Heights – Phase 2
This is a continuation of its Villa Heights development which
is an exclusive guarded and gated residential project built on
the elevated grounds in the pristine area of Taman Equine.
Phase 2 which consists of 46 units of semi-detached
houses and 1 unit of bungalow was launched in May 2018
and achieved take up rate of 85% as of to date. Overall
construction work progress has reached approximately 70%
completion.

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