Top Malaysian Property Developers: Penang & KL

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TOP Prop Developers: MktCap: 20,875 -26.66%

1 SP Setia (MY:75) / cannot find

2 IOI Property (MY:1635) / (stopped trading - Apr.2009)
IOI Corp. (MY:1961) / MY%3A1961 / sid=2730034


3 KLCC Property Hldg (MY:5089) / MY3A5089 / sid=2670635


4 IGB Corp Berhad (MY:1597) / MY%3A1597 / sid=2672378


5 RB Land Hldg 5215 1346.6 96 05.68 237. -18.84%

Rhb Capital Bhd (MY:1066) / MY3A1066 / sid=2672081


6 Sunway City. 6289 1331.6 97 04.67 285. -42.77%
Sunway Holdings Bh (MY:4308) // MY3A4308& / sid=2673028


7 Eastern & Oriental (MY:3417) / MY%3A3417 / sid=2672394


9 Sunrise Berhad (KLSE:6165) // MY%3A6165 / sid=2673032

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Dutaland Berhad (MY:3948) / MY%3A3948 / sid=2671596


Olympia Inds Bhd (MY:3018) / MY%3A3018 / sid=2671602


Ireka Corp Berhad (MY:8834) / sid=2672391


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Here was my "best guess" on how the 18 year cycle might be applied in Penang, Malaysia.


In KL, it looks like the cycle peaked about 3 years earlier, in 2008. Normally, the cycle requires at least 3-4 years off the top, to make a low. So we could see a bottom as early as 2011-12.

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LINKS
Property sites.. : www.iproperty.com.my/ : http://thinkproperty.com.my/realestate/
IOI Property.... : http://www.ioigroup.com/investor/inves_stock.cfm
E&O Properties.. : http://www.eoprop.com/eop/index.cfm
The Star online. : http://biz.thestar.com.my/
Blogspot. / News : http://apartment-penang.blogspot.com/2008/01/suites-at-waterside.html