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.
Read also DONE DEAL: Duplex penthouse at Kiaramas Cendana, Kuala Lumpur DONE DEAL: Condominium at South Brooks, Desa ParkCity, Kuala Lumpur M Residence is a freehold mixed township development located in Rawang, Selangor.
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PETALING JAYA (April 4): Gamuda Land was recognised three times for its managerial practices which placed sustainability as its priority for Central Park @ Gamuda Gardens and Valencia.
Located at the northwest of Kuala Lumpur, Rawang is now one of the popular destinations for homebuyers, especially for those who are looking for spacious landed homes close to the KL city centre.
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