The business will provide IJM Corp with recurring income once operations commence in the first quarter of 2027, said its chief executive officer Datuk Lee Chun Fai.
DONE DEAL: Bungalow, Ledang Heights, Nusajaya, Johor DONE DEAL: Condo unit, Park Regent, Desa ParkCity, Kuala Lumpur Although Mont’Kiara is now a pretty mature neighbourhood, there are still approximately 30.
The contract was awarded to its wholly owned unit Kitacon Sdn Bhd by Sime Darby Property (BBR3 Asset 1) Sdn Bhd, a wholly owned subsidiary of Sime Darby Property Bhd (KL:SIMEPROP).
HLIB also highlighted IOI Properties as an overlooked beneficiary of the Johor-Singapore Special Economic Zone (JS-SEZ), holding the largest landbank in Johor among developers, totalling 5,200 acres.
When the three properties are fully leased, CLMT is expected to generate an annual gross rent of RM5.
The company previously said the land “presents a strategic opportunity” for long-term value growth.
DONE DEAL: Residential land, Damansara Heights, Kuala Lumpur DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur Although Desa ParkCity is pretty mature for a township, potential homebuyers and investors can look forward to new developments, with approximately 23.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust — declared a fourth interim dividend of 17.
Established in 2006, Pelaburan Hartanah is the property investment arm of Yayasan Pelaburan Bumiputera, aimed at facilitating Bumiputera investments in commercial properties.
"The works involve facilities upgrades to the RMAF base in Butterworth, including operational and recreational upgrades to airfield pavements, ground lighting infrastructure, drainage, rugby pitch, futsal court and other associated infrastructure," said Fajarbaru in a statement.
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