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Sena Parc is the largest lifestyle residential development around Senawang.
BNM governor highlights imbalances in property market as significant risk to overall economy in event of shock
"We have raised these issues for more than a year. Exposure of financial sector within this area is within a comfortable level. But if we're not careful, the oversupply could have a negative impact on the economy."
The home in southern Amsterdam formerly belonged to a housing corporation which had said it could no longer assume responsibility for its upkeep.
The winners were selected based on scores by the judges as well as public votes received.
Hatten said the 6.1-acre freehold land and 6.7-acre leasehold land of 99 years (expiring May 5, 2108) are located in Klebang.
Current remaining order book of RM8.6 billion is equivalent to 3.2 times the construction revenue in FY17, which provides good earnings visibility.
LBS said under the approval, the land will be divided into two plots, namely East Land and West Land.
Sold for: RM1.57 million (RM783 psf); Concluded by: Jerro Loh (E2417) of J Maison Realtor (012-281 2078); When: Aug 28, 2017
The rights issue and renounceable rights issue of the RCPS-i B are expected to raise RM1.2 billion per exercise, or RM2.4 billion in all.