Based on Setia Federal Hill’s masterplan submitted in 2023, the certification process involved a series of evaluations, with its criteria including smart location and linkage, neighbourhood design, green infrastructure and buildings, innovation, and regional relevance.
The five plots, measuring a total 40,340 sqm, come with a nine-year tenancy agreement that generates annual rental income of RM2.
YNH Property and Chin Hin—along with the land’s registered proprietor, New York Empire Sdn Bhd—have now agreed to revoke that agreement and proceed with a direct land sale to Chin Hin.
The Sri Penaga Condominium was also the recipient of the Editor’s Choice Awards for Excellence in Evergreen Community Living.
Roz Mawar said that although Hydroshoppe and Menara KL tried to amend their lawsuit, they still failed to clearly explain their claims against the three companies.
All units are designed for multigenerational living, with layouts that include family areas, private terraces, powder rooms and rooftop openings in selected penthouses.
With this move, PMSB’s paid-up capital increased from RM1 million to RM61 million.
The facility, formerly known as A Famosa Specialist Hospital, is a 140-bed tertiary care centre slated for completion in the first half of 2028.
The new anchor tenants are Village Grocer, Miami Beach, Jungle Gym, Ballet Theatre Malaysia, Sport Planet, Playa Racquet Club, La Boca and 91 Sports Arena.
The project is scheduled to be completed within 13 months, starting from July 30, and is expected to contribute positively to Econpile’s revenue and earnings from the financial year ending June 30, 2026 onwards.
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