News by EdgeProp.my

Noteworthy:

• Freehold
• Built-up size: 4,600 sq ft
• Land size: 6,400 sq ft
• 5 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: Universiti Malaya, Pantai Hospital, LRT Kerinchi, LRT Abdullah Hukum, LRT Bangsar, LRT KL Gateway-Universiti, KL Gateway Mall, Mid Valley Megamall, Bangsar Village I & II
• Accessibility: SPRINT-Kerinchi Link, Damansara Link, Federal Highway, NPE, LDP via SPRINT, PJ-Bangsar Bypass, Jalan Bangsar, Jalan Maarof

When: July 2024

Lido will have a gross development value (GDV) of RM34 billion, and its first phase, The Watermark residence, will be soft launched around 4Q2024.

The Real Estate and Housing Developers' Association Malaysia (REHDA) is of the view that the Madani Deposit and a programme akin to the previous Developer Interest Bearing Scheme (DIBS) should only be applied to controlled priced affordable housing.

Tropicana Corporation Bhd announced that 116 homeowners of Gemala Residences in Tropicana Aman received their handover of vacant possession seven months earlier than expected.

Sunsuria Bhd announced today that its revenue and profit before tax (PBT) were RM170.56 million and RM26.85 million for the third quarter ended June 30, 2024 (3Q).

Radium Development Bhd recorded revenue of RM30.6 million, a growth of 9.7% for 2QFYE2024, compared to RM27.9 million in the preceding corresponding quarter a year ago.

PropNex Malaysia will be showcasing seven homes in the Klang Valley in its open house this weekend (Aug 24 and 25).

S P Setia Bhd received the coveted Top Developer Award 2024 (with equivalent ranking among the other winners) at the BCI Asia Awards, at its gala dinner held at the Mayang Sari Ballroom, JW Marriot Hotel Kuala Lumpur on August 16.

UEM Sunrise Bhd achieved revenue of RM205.2 million and a sales achievement of RM269.8 million for the second quarter of 2024 (2Q2024) ended June 30, 2024.

Sime Darby Property Bhd delivered record results for the first six months ended June 30, 2024 (1HFY2024), marking its strongest half-year performance since the 2017 demerger.