News about Sunway

Gross revenue for the retail segment was 28.

The stamp duty, announced by Singapore's Ministry of National Development, is a property cooling measure to dampen investment demand and prioritise housing for locals meant for owner-occupation.

Sunway REIT chief executive officer Datuk Jeffrey Ng Tiong Lip: “Sunway REIT has recovered well from Covid-19 pandemic.

The trust aims to grow its asset value to between RM14 billion and RM15 billion by 2027, from RM9.

The collaboration will allow homebuyers to "leverage Alliance Bank’s sustainable mortgage financing packages for green-certified Sunway projects”.

The contract is issued by Sunway South Quay Sdn Bhd (SSQ) to SunCon’s subsidiary Sunway Construction Sdn Bhd (SCSB).

Sunway Dora is surrounded by the commercial hotspots in Bayan Baru, easily accessible F&B outlets as well as living necessities within the retail shops in the development as well as the surrounding areas.

On March 23, SunCon announced to Bursa Malaysia that its wholly-owned subsidiary Sunway Construction Sdn Bhd had signed the Letter of Acceptance in respect for the proposed construction and completion of Package 1B and Package 5 for the RTS project.

In a note on Friday (March 17), the research house said it was “mildly positive” with Sunway REIT’s proposal to acquire six Giant hypermarkets/retail complex from the Employees Provident Fund (EPF) for a total cash consideration of RM520 million.

The properties to be acquired by Sunway REIT are six strategically located hypermarkets/retail complexes in the Klang Valley and Johor.