MGB bags RM207.03 mil property development project in Sepang
MGB said the contract is for the development of two blocks of D’Island Residence service apartments, along with related facilities.
MGB said the contract is for the development of two blocks of D’Island Residence service apartments, along with related facilities.
The construction and property company said Lim holds a 58.
The usage of IBS in Rumah Idaman Cahaya, similar to other Rumah Idaman projects undertaken by MGB, contributes to its affordability due to reduced dependence on labour, an ability to optimise cost as well as increase and maintain the quality of the units.
With a gross development value of RM437 million, the units with built-ups ranging from 590 to 863 sq ft have a selling price starting from RM352,000.
The contract was awarded by Blee & W Architects Sdn Bhd, on behalf of Astana Modal (M) Sdn Bhd, which in turn is a subsidiary of LBS Bina Group Bhd.
According to MGB’s filing with Bursa Malaysia, SANY intends to appoint MGB for the supply and installation of industrial building system (IBS) precast concrete products of up to 10,000 units of properties under the Saudi Sakani programme, to be completed within five years.
MGB said that with the contract in hand, the group’s current outstanding order book is about RM2.
PETALING JAYA (March 29): Malaysia Grand Bazaar (MGB) which is Kuala Lumpur’s first artisanal mall and part of Bukit Bintang City Centre (BBCC) urban regeneration project will open its doors on March 31, 2022.
PETALING JAYA (Oct 28): MGB Bhd today unveiled its first Rumah Selangorku Idaman MBI project out of six - Idaman BSP located in Bandar Saujana Putra, Selangor.
KUALA LUMPUR (Feb 17): MGB Bhd has bagged a RM442.