Impiana Bayu 2 now 80% sold
The freehold Impiana Bayu 2 comprises 128 units of two-storey linked houses called Euphony and Euphoria. It has a gross development value (GDV) of RM55 million.
The freehold Impiana Bayu 2 comprises 128 units of two-storey linked houses called Euphony and Euphoria. It has a gross development value (GDV) of RM55 million.
In addition to residential apartments,the A$575 million mixed-use development will also have 75 luxury serviced apartments.
The RM1.4 bil project will be launched in October
The bungalow’s current owners bought the property in August 2011 for RM3.1 million in a deal brokered by the same agent. Its built-up then was 2,500 sq ft.
SHL Consolidated Bhd is going ahead with new build-then-sell launches with a focus on affordable homes and landed properties.
UDA Holdings Bhd intends to redevelop Kompleks Niaga Utama (KNU) in Bangsar into serviced apartments, with a gross development value (GDV) of more than RM250 million.
Sunway Bhd said it would pay the dividend from proceeds raised from the offer for sale of 398.71 million Sunway Construction Group Bhd shares. Sunway Bhd said the ex-date for the dividend is this Sept 30, while payment will be made on Oct 16.
The Kuala-Lumpur-Singapore HSR project was announced in 2010 and will reduce travel time between Kuala Lumpur and Singapore to 90 minutes.
It comprises three 16-storey apartment blocks and three low-rise blocks of six-storey maisonettes.
"For those already invested, the best advice would be to wait out this bad period. I don't envision the federal government of Malaysia rolling out capital measures like cash injections or pegging the ringgit, so really this is an exercise in patience for existing investors."