Paramount Property CEO Beh Chun Chong said the 41-acre freehold development has a GDV of RM570 million. It will comprise 418 units of two-storey terraced houses, superlink houses and semidee homes with a modern sleek design.
Local residents may know the property as a 55-year-old bottling facility which produced soft drinks Kickapoo Joy Juice and Sinalco.
Moving house is notoriously tiring, especially when we realise too late we own far too many things.
Under a sale and leaseback transaction, a building previously owned by a company is sold and is then leased back to the seller for a term of about 10 to 15 years.
Be it striking city skylines, vibrant wilderness, or calming waters — a nice view can be a balm to the soul.
"PR1MA has to use its own capabilities to continue its operations."
The government is also seeking to recover RM1.69 billion from his father Najib, RM37.6 million from his brother Mohd Nazifuddin and RM10.3 million from his sister Nooryana Najwa.
KPKT Minister Zuraida Kamaruddin: We have compiled around 500 appeal cases from PR1MA buyers nationwide. We will have a meeting with them in October
“We have to reduce the opportunities for corruption, to prevent certain individuals who may be weak-willed from becoming corrupt.”
The 68-storey (330m) IBN Bukit Bintang mixed development project will comprise 339 smart homes and 268 five-star hotel rooms, with the build-ups ranging from 434 sq ft to 1,052 sq ft.
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