Mah Sing sells freehold land in Penang for RM66m
Man Sing said the disposal of the land is in line with the group’s strategy to focus more on its "M-Series" type of residential land for development of affordable properties.
Man Sing said the disposal of the land is in line with the group’s strategy to focus more on its "M-Series" type of residential land for development of affordable properties.
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 tools provided by the EdgeProp platform system, on top of our enterprise resource planning system, will allow our agents to achieve the goal of closing deals easily and conveniently.
KSL said it will entail 628 units of residential properties and is expected to commence in 2024 and spread over a period of eight to 10 years.
"In terms of volume index, wholesale and retail trade registered a growth of 33.
The contract is for a period of 10 months, from Sept 22, 2022, to July 22, 2023.
The department store operating on the properties has been suffering losses due to the weakening spending power of local residents as well as the adverse effects of Covid-19 mitigation policies on the retail business.
Under the collaboration agreement, LSHBB and Gamuda IBS aim to support the construction industry’s transition towards the Fourth Industrial Revolution (IR4.
Encorp said the proposed joint venture (JV) provides a strategic partnership and is in line with the group's principal business activity to expand its property development segment.
The concert was organised by S P Setia Bhd in conjunction with the opening of its Setia EcoHill Mall, the retail component of Setia EcoHill Walk, which will be officially launched on Sept 15.