Pavilion REIT's 3Q income up 10% after new assets buy
The REIT said retail remains the cornerstone of its performance, contributing RM652.
The REIT said retail remains the cornerstone of its performance, contributing RM652.
IJM said the contract was awarded by Pearl Computing Malaysia Sdn Bhd, a subsidiary of Raiden APAC Pte Ltd, to its wholly-owned unit IJM Construction Sdn Bhd.
The asset, originally purchased in April 2017 for RM15.
The township’s first residential phase, Soren, was launched in March 2025, and has reached an 80% take-up rate.
Che Abdul Khalid has over 30 years of experience in property development and construction.
The job involves building the superstructure for a 45-storey apartment block, a seven-storey car park and amenities floors, and a guardhouse.
Precinct Arundina represents one of the latest residential enclaves within the award-winning Setia Eco Park township, a 73-acre freehold, low-density precinct featuring 2-storey semi-detached homes designed for family comfort and long-term investment value.
Under the partnership, Aman Setia will construct the asset and lease it to GCH Retail, the operator of one of Malaysia’s longest-established supermarket brands.
Bukit Jalil is a key Klang Valley hub, with established institutional, and growing residential, and commercial developments, supported by strong infrastructure.
The groundbreaking ceremony also saw the signing of a homestay management partnership with Aurum Stay Sdn Bhd.