Sunsuria hits 88% take-up for Talisa
KUALA LUMPUR (July 21): Sunsuria Bhd’s (KL:SUNSURIA) second residential phase of Bangsar Hill Park, Talisa, has achieved an 88% take-up rate, according to a press statement issued on Saturday (July 18).
KUALA LUMPUR (July 21): Sunsuria Bhd’s (KL:SUNSURIA) second residential phase of Bangsar Hill Park, Talisa, has achieved an 88% take-up rate, according to a press statement issued on Saturday (July 18).
The Chapter by Sunsuria introduces a modern co-living concept within the growing Sunsuria City township in Sepang.
PETALING JAYA (May 26): Sunsuria Bhd reported lower revenue and earnings for the first half of its financial year ended March 31, as the completion of several development projects reduced progressive recognition from the property development division.
PETALING JAYA (April 10): Sunsuria Bhd has completed its acquisition of an additional 41% equity interest in KL City Gateway Sdn Bhd (KLCG), raising its total shareholding from 20% to 61%, and consolidating KLCG as a subsidiary of the group.
KUALA LUMPUR (Feb 12): Property developer Sunsuria Bhd (KL:SUNSURIA) reported sharp drops in its first quarter net profit and revenue, primarily due to lower progressive profit recognition from its completed property projects.
Sunsuria said it has signed an agreement to acquire the additional 41% stake for RM21.
Sunsuria stated that it recorded a moderation in revenue for 4Q compared to the same quarter in the preceding year, reflecting the natural project lifecycle following the completion and handover of major developments in the preceding quarter.
“The ICP programme has been assigned a preliminary rating of MARC-1IS by MARC Ratings Bhd,” Sunsuria said in a bourse filing on Wednesday.
The upcoming development will feature 520 residential units, with an estimated gross sales value of RM492 million.