IGB Bhd posts 0.2% rise in 2Q net profit; quarterly revenue up 14.2% on improved performance across all business segments
The commercial segment, via IGB Commercial REIT, saw revenue expand 14.
The commercial segment, via IGB Commercial REIT, saw revenue expand 14.
Mosaic Residences, developed by Cheras Traders Square Sdn.
Royal Garden, a freehold luxury condominium by a reputable developer, is located along Jalan Kuching @ Sri Putramas 4, Kuala Lumpur.
E&O managing director Kok Tuck Cheong is confident the contiguous layout of the island being reclaimed by E&O as well as its amenities and capacity would give it an edge over other sites.
Chairman Datuk Seri Tee Eng Ho: We can still buy a few hundred million [worth of] land.
West River said the job was awarded by Goodwood Builders Sdn Bhd, the main contractor for the project comprising two blocks of 44-storey suite apartments in Taman Setiawangsa, Kuala Lumpur.
The notable improvement was supported by stronger performance in the property development segment and the Group’s strategic expansion into the hospitality & leisure segment.
Under the MOU, Alliance Bank will offer the Green Commercial Property Financing loan scheme to purchasers of The Arden, where they can enjoy financing margins of up to 90%, including entry costs and insurance coverage.
“Parcel C is the grand finale of Galaxy Avenue, and with only 49 units available—including 25 premium main-road facing lots—demand is expected to be exceptionally strong.
The ongoing development projects, Bamboo Hills Residences, Aster Hill and Laurel Residence, and a medical centre in Bangsar South, contributed to revenue for the quarter.