Signature’s 15.73ha land sale positive
Signature has engaged a number of property dealers for the disposal of its 38.86 acres (15.73ha) of land.
Signature has engaged a number of property dealers for the disposal of its 38.86 acres (15.73ha) of land.
It has now reduced its target order book wins to RM6 billion to RM8 billion per annum for the next two financial years.
In the near term, WCT is hopeful of securing a building job within the Tun Razak Exchange area.
Sime Darby Property’s land bank within Negeri Sembilan and Johor is strategically located in close proximity to the Kuala Lumpur-Singapore high-speed rail project.
As at end-June 2017, its order book stood at RM3.6 billion, which will provide it with earnings visibility for the next five years.
“Basically, the Ministers have now granted themselves full discretionary powers to approve projects for developers."
With upcoming projects at the Melaka Durian Tunggal land and the newly-acquired land in Rawang.
The land is planned for a mixed development comprising residential and commercial properties.
Crucial for malls to create “the right shopping environment”.
Any leakage from pipes or cavities in the buildings would cause water to pool and penetrate into the concrete floor.