Vestland terminates three Selangor affordable housing contracts worth RM550.7m
KUALA LUMPUR (Jan 15): Vestland Bhd (KL:VLB) said it will not proceed with three Selangor affordable housing projects worth a total of up to RM550.
KUALA LUMPUR (Jan 15): Vestland Bhd (KL:VLB) said it will not proceed with three Selangor affordable housing projects worth a total of up to RM550.
KUALA LUMPUR (Jan 13): Selangor Dredging Bhd (KL:SDRED) is acquiring a freehold commercial land in Petaling Jaya for RM63 million to expand its land bank, with the site earmarked for a proposed development carrying an estimated gross development value (GDV) of RM507 million.
Three parcels have been acquired in Puchong and USJ 1, Selangor, and in Georgetown, Penang, as part of Sunway’s nationwide expansion strategy.
Taman Wira Permai 11 is a newly developed residential project by Layar Wawasan (M) Sdn.
The research firm said this structural shift from quantity to quality in data centre growth will make projects bigger, more capital-intensive and more valuable, benefitting hyperscale-grade experienced developers and contractors.
Selangor Menteri Besar Datuk Seri Amirudin Shari: Without strata titles, many benefits cannot be enjoyed by residents, and for the state government, it affects our ability to implement the parcel rent more effectively.
Menteri Besar Datuk Seri Amirudin Shari said examples of eco-friendly technology facilities or products include the installation of solar panels to reduce dependency on the national grid, rainwater harvesting systems, household waste separation to facilitate recycling, electric vehicle charging units and food waste composting systems.
The development comes amid increasing calls for data centres to diversify their water sources through alternatives such as reclaimed water, rainwater harvesting and recycled effluent, as Malaysia has faced an influx of water-intensive data centre projects over the last three years.
Alam Impian, Selangor terrace house sold for RM880k | DONE DEAL Noora @ Desa ParkCity, Kuala Lumpur condo unit sold for RM730k | DONE DEAL Elmina Business Park, Selangor factory rented for RM36k | DONE DEAL Based on a 1km radius from the point of Jalan Rukun, Ijok, the average transacted price of properties increased to RM3.
Meanwhile, SDB’s other ongoing developments, 19Trees in Taman Melawati and Jia in Taman Bukit Serdang, are fully sold and currently in the final stages of construction.