Ireka acquires condominium units and industrial land

KUALA LUMPUR: Ireka Engineering & Construction Sdn Bhd has acquired three units of condominiums at Seni Mont’Kiara from Amatir Resources Sdn Bhd for RM5,067,700, the former announced on Oct 26. The development consists of 605 condominium units in four residential tower blocks.   

Also announced was the acquisition of freehold industrial land at Bukit Angkat, off Jalan Sungai Chua from Texsol (Malaysia) Sdn Bhd. The land, measuring 18,916 sq m, was acquired for RM6,515,520.

The Seni Mont’Kiara condominium project commenced in 3Q2007 and has a development value of approximately RM1.42 billion. The industrial land is located in the immediate vicinity of mainly industrial properties and is supported by housing and other residential settlements.

Ireka Engineering & Construction, is a wholly-owned subsidiary of Ireka Sdn Bhd while Amatir is a wholly-owned subsidiary of Aseana Properties Ltd, a property development company listed on the Main Market of the London Stock Exchange.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.