Avaland unveils green partnerships with leading brands for sustainable homes
Aw told EdgeProp that this collaboration started with the homebuyers’ interest in mind when drafting Avaland’s green plan.
Aw told EdgeProp that this collaboration started with the homebuyers’ interest in mind when drafting Avaland’s green plan.
He elaborated that the incentive now encompasses a broader range of green investment activities, including green hydrogen, electric vehicle charging stations, and wind energy.
Hume Concrete Sdn Bhd: Barring any unforeseen circumstances, the proposed disposal is expected to be completed in the second half of 2024.
This follows the signing of a Memorandum of Understanding between Radium and TAR UMT in January 2023 for a five-year partnership that sees the developer contributing RM500,000 towards the establishment of the loan scheme, managed by the TAR UMT Student Loan Fund Committee.
Under the JV, Perak Corp will be entitled to a revenue share of 35% based on the net development value while Advancecon will be entitled to 65%.
Zestron’s expansion at the Penang Technology Park @ Bertam will bring in an estimated investment of approximately RM60 million, and its new facility, which is scheduled for completion by 2025, is expected to be approximately five times the size of its current location.
In a statement on Wednesday (July 26), the developer said the project entails 880 acres of freehold land.
OCBC Bank will also be offering an attractive end-financing package to qualified end purchasers of the industrial park.
The group said its wholly-owned unit Star Acres Sdn Bhd is planning to acquire 7.
The JV company — known as JTN Logistics Park Sdn Bhd — will undertake the acquisition of the 300-acre land, plus the development and management of the industrial park.