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“There’s a lot of effort going into monetising the three campuses, the hotel and the office.

“But we are now re-studying whether we could do a whole redevelopment.

The shift could free up cash as fewer funds are being channelled back to its property development activities, Chew said.

The initial property portfolio includes the Bukit Tinggi Shopping Centre, which will be acquired from Gemilang Waras Sdn Bhd, a wholly-owned unit of WCT, for RM680 million, with RM350 million settled in units and RM330 million in cash.

Asian Pac said the proposed acquisition aligns with its strategy to invest in retail malls, with the objective of increasing net property income.

X Park Bandar Seri Impian will feature a range of extreme sports and leisure activities, including a go-kart track, ATV rides, a golf driving range, badminton and pickleball courts, rock climbing, archery, cafés and pro shops.

Menteri Besar Datuk Seri Saarani Mohamad said this while acknowledging several challenges facing the implementation of the project, particularly the need to reclaim swampy land in the area.

NSIP is the first managed industrial park in the country to receive the recognition.

Volume meanwhile rose 5.

Phase 1 of The Clove offers homes with built-ups ranging from 1,971 to 2,284 sq ft at an average selling price of RM900,000.