Phase 2 will comprise residential, commercial and leisure components such as shopping malls, office buildings, serviced apartments, branded residences, five- to six-star hotels, and later, educational facilities.
Scheduled for launch in November 2025, the 28-storey Novva Nexus office tower has a gross development value of RM129 million.
Arra Residences by The Puncakdana Group introduces a new benchmark for transit-oriented living in the heart of Ara Damansara.
The project, located 500m from the SS15 LRT station, enjoys close proximity to major facilities within a 5km radius including Subang Medical Centre, the Sunway Pyramid shopping mall, Subang Parade, and NU Empire.
“The redemption of sukuk reflects Tropicana Corp's prudent financial management and commitment to fulfilling its obligations to investors.
The development will comprise two blocks—Anjung A, a 30-storey tower with 233 units, and Anjung B, a 32-storey tower with 247 units—both sitting atop an eight-level podium housing car parks (from basement level five to level two), resident facilities on the ground and third floors, and an additional sub-basement level.
With the sale, Hextar Global said the group plans to focus on operating durian collection centres instead, where various sellers can supply the fruit to the group.
The deal comes as the company racked up more than RM252 million of cash and cash equivalents as at the end of June.
This is the third collaboration between i-Bhd and Wyndham, following the success of Wyndham Suites KLCC and Wyndham Garden i-City.
The Reya at KL East marks Sime Darby Property’s latest addition to the multi-award-winning KL East masterplan.
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