The group plans to develop four towers of serviced apartments with an estimated gross development value of RM600 million on the land it is buying from Stratmont Development Sdn Bhd.
Axis REIT also announced the acquisition of the Kerry Warehouse at Pasir Gudang, Johor which was completed yesterday, increasing its property portfolio to 39...
Damansara Realty Bhd expects to record operating profit in the current financial year ending Dec 31, 2017.
With the project in hand, ML Global’s current outstanding order book stands at RM2.05 billion.
"I think for [at least] the next two to three years, [affordable housing] properties will sustain the property market as long the economy continues to grow."
Vivocom International Holdings Bhd said today it has terminated a RM240.42 million contract awarded to it by Coneff Corp Sdn Bhd due to non-fulfilments of certain contractual obligations.
MyHSR Corp Sdn Bhd and the Land Transport Authority of Singapore (LTA) will jointly conduct an industry briefing next month in preparation for the assets company (AssetsCo) tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.