The REAL deal: Buying property in 2024?
Property cycles, once a vague but nevertheless useful guide to the timing of new property launches, no longer exist.
Property cycles, once a vague but nevertheless useful guide to the timing of new property launches, no longer exist.
On Friday, Scientex and S P Setia said in a Bursa filings that the deal to purchase the freehold 960-acre land in Tebrau was terminated due to non-fulfilment of the conditions precedent within the extended completion period.
The Johor-based oil palm planter and property developer said it had entered into a conditional share sale agreement with Nizam to acquire the entire 100,000 shares in Tiger Aquaculture Sdn Bhd (TASB).
There should also be serious consideration for a third bridge linking Malaysia to Singapore in anticipation of increased economic activity, assuming that the successful implementation of the SEZ will lead to a “second take-off” for this region.
In tandem with the group's current higher confirmed sales of RM289 million, Phillip Capital expects Lagenda's unbilled sales to climb and reach a record high of RM855.
RHB said the potential addition of new land, especially in Johor, could be a share price catalyst as AME has been anchoring the industrial sector in Iskandar Malaysia.
UEM Sunrise stated that the disposals of the Lands are in line with its three-phase strategic turnaround plan: Triage, Stabilise and Sustain, particularly under the first phase, Triage, to transform the company into a balanced real estate player with the immediate goal of strengthening financial performance via, among others, monetisation of non-strategic lands.
The disposal consideration is supported by the market value of RM315 million ascribed by the valuer, Crescendo said.
In a Bursa Malaysia filing on Wednesday, CCB said its wholly-owned unit Panoramic Industrial Development Sdn Bhd (PID) had inked a conditional sale and purchase agreement with Yu Ao Sdn Bhd (YASB), to dispose of the nine parcels of land (in two parcels classified as Parcel A and Parcel B).
Some of the facilities of the co-living space are functional living areas, fully-equipped kitchens, high-speed WiFi, on-site laundry facilities, concierge customer care service and weekly cleaning service.