E&O 1Q profit rises 29.5% on stronger property sales
E&O's 1Q profit increased by 29.5% due to stronger property sales. The company is expanding its development footprint. A tertiary private hospital is planned at Andaman Island and a residential project is planned along Jalan Kia Peng, Kuala Lumpur.
What it means for buyers, tenants and investorsShareholders of E&O can check the company's financial reports for details on the increased profit and expansion plans.
What it means for Japanese buyers
E&O's 1Q profit rose 29.5%.
This rise may affect buyers of E&O's properties in Kuala Lumpur, such as the premium high-rise residential project along Jalan Kia Peng.
Foreign buyers, including Japanese, can buy such properties with a minimum purchase price of RM1 million and 4% stamp duty.
Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.
Key facts
| Companies | Eastern & Oriental |
|---|---|
| Areas | Kuala LumpurPenang |
| Section | Companies |
| Date | |
| Source | The Sun ↗ |
Related guides
Related properties and areas
- Andaman at Quayside (Quayside Seafront Resort Condominium)Seri Tanjung Pinang, Tanjung Tokong, Penang · Eastern & Oriental Berhad (E&O Property Development)By Eastern & Oriental
- St Mary ResidencesKLCC · E&O Berhad & Lion GroupBy Eastern & Oriental
- The ConlayKLCC · Patsawan Properties Sdn Bhd (E&O × Mitsui Fudosan)By Eastern & Oriental
From our guidesMore guides →
Our own explainers on renting, buying and investing in Malaysian property: the steps, the costs and the rules.
GuideBuying & investingRent vs Buy in Kuala Lumpur 2026: Which Costs Less Over 10 Years?
GuideAreas & livingHow Much Do You Need to Live Comfortably in Kuala Lumpur? Monthly Budgets for Singles, Couples and Families 2026
GuideAreas & livingBest Areas to Live in Kuala Lumpur 2026: For Families, Expats and Commuters
- Guide
Cost of living in Malaysia: a monthly breakdown for Kuala Lumpur
Related news
- RAM Assigns AA1 Ratings To Sunway Debt Programmes, Flags RM18 Billion Peak Debt
- MISC-led consortium offers to take Yinson Holdings private in RM4.03 billion deal
- Tropicana Chairman Tan Sri Tan Chee Sing Raises Stake, Acquires 16 Million Shares
- IOI Properties Announces Retirement Of Prominent Independent Director Lim Sim Seng
- GDB Holdings Wins RM4.6 Million Court Judgement Over Conlay Construction
