Its construction business was also weighed by higher material and operating costs, including administrative costs and finance costs, the property developer said in a stock exchange filing.
Rumah Idaman Bukit Jelutong comprises a total of 1,260 units of semi-furnished apartments with a built-up of 1,000 sq ft at RM250,000 each.
Vizione said the proposed acquisition represents an opportunity for the group to expand its property development segment by gaining access to the development rights held by Midlands City on the development land, which consists of three parcels of freehold land in Semenyih, Selangor, with a total size measuring 79,360 sq m.
This compares to the net loss of RM7.
KUALA LUMPUR (Aug 22): Hong Leong IB (HLIB) Research has downgraded Sentral REIT to “hold” at RM1.
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For the first half ended June 30, 2022, Sentral REIT’s net property income declined to RM58.
The REIT, which is in the midst of diversifying its portfolio, recently acquired industrial assets from Choo Meng and Hextar Global Bhd.
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