Fajarbaru forms JV with hostel management company for RM172.4m-GDV labour quarters project
The project comprises the development and construction of 672 units of centralised labour quarters on a 10.
The project comprises the development and construction of 672 units of centralised labour quarters on a 10.
The construction outfit said its wholly-owned unit Fajarbaru Builder Sdn Bhd had accepted the award from Penang Development Corp for Phase 4 of a 25-phase proposed mixed development.
The main building works consist of three blocks of residential condominium towers comprising 341 units, together with four levels of basement car park and three levels of podium facilities.
KUALA LUMPUR (April 30): Fajarbaru Builder Group Bhd is looking at launching new property projects towards the second half of 2021 (2H21) once market conditions improve.
KUALA LUMPUR (Aug 22): Fajarbaru Builder Group Bhd's wholly-owned subsidiary Fajarbaru Trading Sdn Bhd yesterday obtained a Malaysia moneylender licence which allows the latter to undertake money-lending business.
KUALA LUMPUR (Aug 29): Fajarbaru Builder Group Bhd has bagged two contracts worth a combined total of RM42.
KUALA LUMPUR (June 25): Fajarbaru Builder Group Bhd has secured a RM297.
KUALA LUMPUR (March 25): Fajarbaru Builder Group Bhd announced that it has estimated the impairment of trade receivables of RM20.
KUALA LUMPUR (Dec 10): Fajarbaru Builder Group Bhd will be launching a RM450 million gross development value residential project in Puchong by the end of next year, marking its second property development project in Malaysia.
KUALA LUMPUR (July 20): Fajarbaru Builder Group Bhd aims to see, over the long term, equal contribution to the group’s revenue from three of its core businesses — construction, timber and property development.