According to EPF, its statistics show that a total of 64% of members who have reached age 54 years, have savings below RM50,000, which is a meagre sum when taking into account the rising cost of living and household debt.
This brings SunCon’s new order book secured to date to RM1.5 billion, the group said in a filing with Bursa Malaysia.
Located at Plot 8MD3 in Precinct 8, Putrajaya, the development comprises residential towers, a podium block, retail space, serviced apartments, common facilities, high street, a facilities block for serviced apartments, facility floor, show gallery, event hall, promenade, basement as well as elevated parking and other ancillary works.
Its executive vice-chairman said the successful signing of the deal is testament to the strong pulling power that the London property market continues to command globally.
He will also be giving up his directorship in all subsidiaries of the company with effect from the same date, the group said in a stock exchange filing.
The amount will be set as the minimum target EPF basic savings members should have upon reaching age 55, the pension fund said in a statement today.
Ridership only reached 150 passengers a day when the capacity of each trip is 300 passengers, Loke said.
Improved market conditions, commercialisation of industrial park are key factors
It is a campaign that offers one-stop tailored solutions to assist buyers.
Bank Negara Malaysia (BNM) has kept the benchmark overnight policy rate (OPR) at the current level since Jan 25 when it raised the rate by 25 basis points.
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