News by Rachel Chew

In a press statement, SDB head of sales and marketing Khong Wei Chung said that the 46-storey single tower manifests the developer’s belief that quality life starts from home.

From January to March 2022, the campaign will showcase a selection of the group’s six new and upcoming launches and 14 ongoing projects nationwide bundled with hassle-free, affordable sales package for first-time homebuyers, upgraders and younger demographics who are looking into investment or own-stay.

The 19th TPDA anchors The Edge Malaysia Property Excellence Awards (TEPEA) 2021, which were presented at the gala dinner on Tuesday (Dec 14) night at the Shangri-La Hotel Kuala Lumpur, and graced by the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican.

In the joint statement issued on Monday (Dec 13) by Master Builders Association Malaysia, Real Estate and Housing Developers’ Association Malaysia, Persatuan Kontraktor Melayu Malaysia, Persatuan Kontraktor Bumiputera Malaysia, Guild of Bumiputera Contractors Wibawa, the United Malaysia Contractors Association and Pesatuan Kontraktor India Malaysia, the representatives of the sector said the hike of building material prices have resulted in a 13% to 20% increase in construction cost.

Spanning 5.6 acres of freehold land within the 88-acre Metropark township in Subang Jaya, the phase 1 of Alira houses 467 high-rise apartments with built-up sizes ranging from 695 sq ft to 998 sq ft. The selling price starts from RM493,800.

Noteworthy:
- Freehold
- Built-up: 6,500 sq ft
- Land size: 8,073 sq ft
- Six bedrooms, seven bathrooms
- Facing a lake and has big land area

When: June 2021

In April, the World Health Organisation (WHO) updated its Q&A page on how aerosols can lead to long-range transmission of Covid-19 in poorly ventilated areas.

Noteworthy: 

• Built-up: 311,736 sq ft

• Land size: 13 acres

• Comes with 38 loadings with hydraulic dock levellers 

• Equipped with fire fighting and lightning protection systems

When: June 2021

In the first nine months of FY2021, S P Setia achieved a year-on-year (y-o-y) higher revenue of RM2.73 billion and profit before tax of RM353.7 million, mainly driven by progressive revenue recognition from the strong take-up rates achieved.

The average occupancy for the past few weeks since the travel ban lift has been approximately 40%, compared to 20% to 25% averagely before the interstate travel was allowed.