UEM Sunrise proposes landmark development at The Oval Subiaco East in Perth, Australia
The proposed development will comprise of approximately 340 apartment units with a launch GDV potential of A$450 million (RM1.
The proposed development will comprise of approximately 340 apartment units with a launch GDV potential of A$450 million (RM1.
It clarified “that as a property developer, our operations, including those of our contractors, have only been utilising diesel fuel at a commercial rate.
Shares of S P Setia has surged 95% so far this year, significantly outperforming the property sector’s 25% year-to-date increase, due to the slew of one-off gains.
The group’s property development segment achieved profit before tax of RM180.
The RE Industrial Park is part of the one gigawatt hybrid solar power plant project and is one of the flagship catalytic projects under Malaysia’s National Energy Transition Roadmap (NETR).
Launched in March 2021, KAIA Heights offers low-density living across two phases, each with two blocks spanning approximately 30 storeys.
Nadi 2, which is the second phase of the Nadi commercial development, comprises 212 shop offices, 12 semi-detached shops, multiple sizes of enterprise lands and petrol station lands.
UEM Sunrise also signed partnerships with Harvey Norman Malaysia and BM Green Energy Sdn Bhd.
The research house said developers with sizeable landbanks and industrial segment exposure should see greater benefit from infrastructure developments and rising investment flows.
The research house said that riding above the rising 21-day simple moving average line, the stock is likely to climb higher towards RM1.