The affordable housing comprise 763 units of two-storey terraced houses and are part of Residensi D’Marina Phase 2 in Kuantan, Pahang, which has an estimated gross development value of RM219 million over four to five years.

Noteworthy:

• Freehold
• Semi-furnished
• Built-up: 1,496 sq ft
• Four bedrooms, four bathrooms
• Facilities: recreational facilities, multipurpose hall, gym
• Amenities: shopping malls, golf clubs, international schools and colleges, accessibility to highways.

When: July 2021

In a bourse filing on Wednesday (Dec 8), Scientex said the performance was attributed to an increase of 16.16% in revenue to RM678.1 million from its packaging division and a 14.5% improvement to RM250.1 million from its property division.

In a statement Wednesday (Dec 8), OCR said it will utilise Plytec Formwork Sdn Bhd’s self-climbing platform (SCP) technology in the construction of YOLO Signature Suites in Bandar Sunway, Selangor.

“If you look at the [recent] Budget, there are a lot of potential construction jobs but what we see is that there is some de-emphasis on the government in terms of mega projects like there is no mention of Mass Rapid Transit Line 3 (MRT3) for example. Secondly, a lot of the construction projects and the development expenditure (DE) most likely will benefit smaller non-listed players.

According to a statement on Tuesday (Dec 7), the development is located on a 95.16-acre freehold land near Gunung Lambak. It is a freehold masterplan residential development featuring six phases comprising 545 homes with a gross development value (GDV) of RM336 million.

The construction and property group said the project entails the development of 100 affordable houses and six single-storey shop lots on 11.55 acres of government land.

Noteworthy:

• Freehold

• Semi-furnished 

• Built-up: 7,500 sq ft

• Land size: 7,000 sq ft

• Seven bedrooms, eight bathrooms

• Easy accessibility through Jalan Semantan, Jalan Duta and Jalan Damansara. 

When: June 2021

According to a statement on Dec 7, the estimated gross development value (GDV) for Rafflesia 2 is RM37 million. The residential development consists of three layout types, with built-up sizes starting from 1,615 sq ft. The starting price is from RM411,300 per unit.

Added that the economy has not fully recovered from the pandemic, especially with the growing concerns of the new virus variant, Omicron - Chan Wai Seen, CCO & Associates (KL) Sdn Bhd ED, foresees the new take-up rate to be insignificant.