OCR Group inks JV agreement for residential development in Rawang
OCR said that under the joint-venture (JV) agreement, the landowner, Lecca Properties (M) Sdn Bhd, stands to gain RM45 million for partnering with the developer.
OCR said that under the joint-venture (JV) agreement, the landowner, Lecca Properties (M) Sdn Bhd, stands to gain RM45 million for partnering with the developer.
Prior to the current earthworks contract for the Gamuda Gardens Park project, Advancecon had previously completed earthworks for the adjacent Gamuda Gardens township in Rawang in 2020.
In a filing to Bursa Malaysia, Epison said it has inked a consortium agreement with PCSB to establish a consortium to develop the housing project, Rumah Idaman MBI, that will have 2,251 housing units, and to explore future collaborations of such nature.
Looking ahead, the group acknowledged challenges in the domestic property sector due to higher interest rates, ongoing inflation and an oversupply of properties in different markets and segments.
The land is directly next to the LATAR Expressway or Kuala Lumpur-Kuala Selangor Expressway, and within one-hour reach to both KLIA and Port Klang.
In a filing with Bursa Malaysia on Thursday (April 13), Maxim announced that it is buying four companies — Zapland Property Sdn Bhd, Asiatic Network Sdn Bhd, Brogan Maxim Sdn Bhd and Maxim Realty Sdn Bhd — which collectively hold an 86.
"We anticipate a greater uptake for our future products with the upcoming retail, leisure and commercial properties in the next two years to tailor for the burgeoning market in this area.
The first phase of M Panora, made up of Phase 1A and Phase 1B, comprises a total of 247 units of double-storey super link homes, with a total gross development value (GDV) of RM188 million.
The buyer is Aikbee Development (Kepong) Sdn Bhd, a property developer wholly owned by Sit Seng & Songs Realty Sdn Bhd.
PETALING JAYA (March 22): Mah Sing Group Bhd's Delphy, the final phase of M Aruna @ Rawang, has achieved a 95% take-up over last weekend’s launch.