To be developed by Fiamma’s subsidiary Active Edge Sdn Bhd, the project will sit on a 3.3-acre leasehold parcel where the 43-storey building will house 432 serviced apartment units.

Australia-based consumer electrical products retailer will take up 43,000 sq ft of retail space spread over two levels in the mall.

Besides being well equipped with tables, comfortable seats and cheerful messages to encourage students to persevere, The Study Room also has a “de-stress” corner for students to have some fun in-between swotting for selfies or wefies.  

Located in Kuala Lumpur city centre’s prime financial district, the 24-storey Menara Prudential is set along the bustling Jalan Sultan Ismail and has a net lettable area of 164,706 sq ft. It also serves as the head office for its anchor tenant, Prudential Assurance Malaysia.

In a Thursday announcement, the property development, investment and capital management unit of Temasek, says the acquisition is part of its long-term strategy to strengthen its corporate housing and serviced apartment business.

CapitaLand says the acquisition will strengthen the group’s foothold in Greater Tokyo and increase the its total asset size in Japan to about S$2.5 billion.

YFG said the project is expected to commence on a date to be notified in writing by Wearegold and to be completed within 24 months.

Project involves the building and infrastructure works of the proposed development of 1,572 units of PR1MA homes.

It will provide management support, technical advice.