E&O managing director Kok Tuck Cheong is confident the contiguous layout of the island being reclaimed by E&O as well as its amenities and capacity would give it an edge over other sites.
Chairman Datuk Seri Tee Eng Ho: We can still buy a few hundred million [worth of] land.
The notable improvement was supported by stronger performance in the property development segment and the Group’s strategic expansion into the hospitality & leisure segment.
Under the MOU, Alliance Bank will offer the Green Commercial Property Financing loan scheme to purchasers of The Arden, where they can enjoy financing margins of up to 90%, including entry costs and insurance coverage.
“Parcel C is the grand finale of Galaxy Avenue, and with only 49 units available—including 25 premium main-road facing lots—demand is expected to be exceptionally strong.
The ongoing development projects, Bamboo Hills Residences, Aster Hill and Laurel Residence, and a medical centre in Bangsar South, contributed to revenue for the quarter.
E&O plans to launch Phases 3 and 4 of Senna and Fera, featuring 68 landed homes on Andaman Island, Penang.
Quarterly revenue rose 26.
Residensi Oasis, developed by CTC Development Malaysia Sdn.
Parkland by the River, officially registered as Residensi Parkland Permas (Phase 2), is developed by Parkland Southern Sdn.
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