Rapid Synergy reveals land disposal involves freehold parcel in KL worth RM39m
Rapid Synergy said the land in question is a freehold piece of land that was amalgamated from three parcels in Sri Hartamas here.
Rapid Synergy said the land in question is a freehold piece of land that was amalgamated from three parcels in Sri Hartamas here.
The property developer said this announcement serves to rectify its oversight pertaining to the proposed acquisition and is made in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Bhd.
"The Ministry of Transport is in progress of land acquisition for the MRT3 line, but the decision on when to award the project is under the purview of the Ministry of Finance.
The completion of the contract works is within 34 months, which will commence on Jan 3 and is scheduled for completion by Nov 2, 2026.
“Laelia III terrace house stands out with a more spacious built-up area ranging from 1,850 to 1,953 sq ft and 1,888 to 2,060 sq ft, providing affordability with prices ranging from RM838,000 to RM1.
The terminations are due to the REIT's unsuccessful bids to the Energy Commission to participate in the CGPP, according to its filing to Bursa Malaysia on Friday.
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HIL said it has been continuously looking out for opportunities to obtain more development land within the Klang Valley to ensure the continuous growth of its property business.
“Despite the PSI project being scaled down by scrapping Island B and Island C, we are not overly disappointed as the local government still maintains its plan to develop Island A (Silicon Island) with more concrete details and a timeline.