YNH Property expects RM105m profit from Bangsar South residential JV
The project, tentatively named Residensi Bangsar South, will feature 374 residential units on a 7,235-square-metre parcel of land owned by Genland.
The project, tentatively named Residensi Bangsar South, will feature 374 residential units on a 7,235-square-metre parcel of land owned by Genland.
Under the deal, YNH is granted the rights by Genland Sdn Bhd (GSB) to develop the project on a 7,235 sq m land in Bangsar South owned by the privately-held property developer.
Unit layouts range from 812 sq ft to 1,180 sq ft, offering a mix of two- and three-bedroom configurations.
The group recorded a net profit of RM73.
Have you found yourself wishing you lived closer to the action, but felt priced out? Maybe you have been dreaming of a spacious, beautifully-designed high-rise home just a stone’s throw from the city, with access to transit stations and major highways, so you don’t have to sit in a jam all day.
The building, which is currently vacant, will serve as the office for Apex Group and its subsidiaries, the company said.
In conjunction with the International Women’s Day, EdgeProp follows five women on their property buying navigations, exploring their thoughts, insights and feelings before they sign on the dotted lines.
We know city connectivity is a priority and rejuvenation is a necessity.
Adakah terdapat trend naik yang menunjukkan berita baik bagi pemilik harta? Dan adakah projek yang baru siap membantu hasil sewaan selepas Covid-19? Lebih dari 150 tahun yang lalu, pada tahun 1870-an, asas kepada apa yang hari ini dikenali sebagai Bangsar South telah ditanamkan sebagai perkampungan bandar yang dikenali sebagai Kampung Kerinchi.
Is there an uptrend signalling good news for property owners? And have newly- completed projects spurred rental yield post-Covid-19? More than 150 years ago, during the 1870s, the foundation of what is today recognised as Bangsar South took root as an urban settlement known as Kampung Kerinchi.