News by M

Gagasan Nadi Cergas Bhd (GNCB) (KL:NADIBHD) said it has secured an en-bloc sale of 523 affordable housing units in the City of Elmina development in Shah Alam for RM134.41 million.

Noteworthy:

• Freehold
• Built-up size: 4,939 sq ft
• Land size: 7,373 sq ft
• Semi-furnished
• 5 bedrooms, 5 bathrooms
• Nearby amenities: Sunway 163, 1 Mont Kiara, Garden International School, Mont’Kiara International School, Kuala Lumpur Golf & Country Club
• Accessibility: SPRINT Penchala and Kerinchi Links, Jalan Duta-Sungai Buloh Highway, NKVE, North-South Expressway, Jalan Duta Kiara

When: November 2024

TSR Capital Bhd (KL:TSRCAP), a construction and property developer, has been awarded a RM219 million contract by Kwasa Land Sdn Bhd for infrastructure and water reservoir construction at the Kwasa Damansara township in Sungai Buloh, Selangor.

Video surveillance company ITMAX System Bhd (KL:ITMAX) has secured a contract

Noteworthy:

• Freehold
• Built-up size: 4,510 sq ft
• Floor level: Mid
• Semi-furnished
• 5 bedrooms, 6 bathrooms
• Nearby amenities: Plaza Arkadia, The Waterfront @ Parkcity, The International School @ Parkcity, Damansara Specialist Hospital 2, MRT Sri Damansara Sentral
• Accessibility: LDP, DUKE, NKVE, North-South Expressway, SPRINT Penchala and Kerinichi Links, Jalan Duta-Sungai Buloh Highway

When: January 2025

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The other shareholders of Cyberview — the master developer of Cyberjaya — include Sime Darby Property Bhd (KL:SIMEPROP), with a 5.17% stake, and Permodalan Nasional Bhd, with a 2.59% stake.

Mohd Iskandar has been serving in the acting role following the departure of Tunku Rozita Tunku Abdul Malek in January.

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BRDB has acquired land at Wisma Damansara, Kuala Lumpur for a mixed-use development and will partner with British design firm Heatherwick Studio to design the integrated residential, retail and community spaces project that will promote a people-centred living environment.