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The properties, located on levels five and six of Ho Hup Tower in Plaza Bukit Jalil, are being sold to Premium Realty Sdn Bhd and Sensecube Sdn Bhd respectively, both of which are wholly owned units of Insas.

Optimism was at its highest in five years, according to results of a survey by the Real Estate and Housing Developers’ Association (Rehda).

On its outlook, EWI noted that while London faces a housing undersupply, high interest rates are slowing sales and pressuring prices.

The property, located less than two minutes from Liverpool Street Station, is set for a £150 million sustainability-focused refurbishment, increasing its gross internal area by 26% to 378,000 sq ft, said IJM.

Under the contract, Exsim Concepto will serve as the nominated sub-contractor for interior design works covering common areas and unit carpentry for the 42-level serviced apartment, which features 508 residential units, three strata shop units, and various facilities.

DONE DEAL: Condo unit, Trinity Pentamont, Mont’Kiara, Kuala Lumpur DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur Average transacted prices for non-landed properties in Bukit Bintang saw a 23% decrease between 2023 and 2024.

While some of the variation works were "acknowledged" and paid by Turnpike, Turnpike did not revise the contract price to reflect these variations, they said.

Glomac group managing director and CEO Datuk Seri FD Iskandar Mohamed Mansor said the programme would fortify the group’s financial reserves and enhance its ability to seize land banking opportunities.

The transit-oriented project, adjacent to the Bukit Chargar station under the Johor Bahru–Singapore Rapid Transit System (RTS), involves the development of four residential and commercial towers, Sunway said in an exchange filing.

The REIT’s distributable income for 4QFY2024 stood at RM88.