Mah Sing buys Johor Bahru land for township project with GDV of RM463m
“Named M Tiara 3, the township will feature spacious super-linked homes, with indicative home prices starting from RM780,000.
“Named M Tiara 3, the township will feature spacious super-linked homes, with indicative home prices starting from RM780,000.
The company said the contract will commence on Dec 9, 2024, and construction works are to be completed within 42 months.
"We estimate that the investment by Google for Phase 2 could be worth RM4 billion to RM5 billion, as the capacity could be around 200MW to 250MW, based on the land size and the value of total rental.
The consortium also proposed a 100% industrial plan rather than having 10% of the site earmarked for mixed use purpose as mandated, citing the site's potential and "evolving demand of investors".
Cheah now holds a combined 54.
As of the end of September, the group had an outstanding order book of RM2.
He succeeds Syed Agil Syed Hashim, who stepped down from the board after completing his two-year service contract.
“We launched Amaya Series 2 in the first quarter of this year, and there are about 186 units.
“The presence of these data centres in Elmina Business Park enhances Selangor’s attractiveness as a key digital hub for Malaysia, buoyed by Selangor’s well-developed infrastructure, business-friendly policies, and collaborative efforts of authorities,” said Sime Darby Property’s group managing director Datuk Seri Azmir Merican.