Scientex buys Melaka land from Genting Plantations for RM333 mil cash
Scientex said the acquisition will boost its existing landbank, which aligns with the company’s goal to build more affordable homes, according to its filing.
Scientex said the acquisition will boost its existing landbank, which aligns with the company’s goal to build more affordable homes, according to its filing.
The transit-oriented development project will add 19% to MRCB’s total remaining gross development value (GDV), for it to reach RM38.
Home financing solutions will be offered by AFFIN BANK to homebuyers of TH Properties’ current developments, namely Bandar Enstek, Warisan Puteri 2, and Padang Residences.
The RM456 million project has faced several delays, with the previous targeted operational date being Jan 31 this year.
They are Jaya Grocer, Serai Group’s flagship concept, ACE Hardware, Asia Ballet Academy and the first HarborLand kids playland in Malaysia.
The projected growth in Malaysia’s GDP of 4.
"The group wants to hit RM2 billion in assets under management “as soon as possible”, said chief executive officer Valerie Ong Pui Shan.
The Meaningfull Clubhouse at Quayside Plaza is scheduled to open in March 2025, offering a pioneering eldercare model that integrates professional services within the township’s existing amenities.
In a note on Thursday, CIMB Securities said that the company's earnings are expected to grow 2.
In the JLL 1Q2025 press conference for the Malaysian property sector on Wednesday, JLL Malaysia managing director Jamie Tan shared that property hotspots, such as the central Klang Valley, Penang and Johor, are more prone to overbuilding as market sentiment improves.