The first memorandum of agreement (MOA) was entered between Uni Wall’s subsidiary Uni Wall Properties Sdn Bhd and PKB for the development of University City in Kubang Pasu, Kedah, with a covering area of approximately 604,610 square metres and located next to University Utara Malaysia (UUM).
The real estate developer said its wholly owned unit, Tanah Bayumas Sdn Bhd, has signed a sale and purchase agreement (SPA) with Prismaworld Embassyview Sdn Bhd to purchase the land and six blocks of five-storey condominium buildings with a sub-basement one-storey car park, according to a filing on Thursday.
With a total gross development value (GDV) of RM280 million and due to be completed by December 2026, Setia Suria will comprise spacious 3-bedroom 2-bathroom units that are between 1,189 sq ft to 1,221 sq ft, with an indicative price of RM430,000 onwards.
"The JS-SEZ theme provides a compelling tailwind for UEM Sunrise," the research house added.
OSK Amanjaya Sdn Bhd, a wholly owned subsidiary of OSK Property, is buying the land, located north of Sungai Petani, from Central Kedah Properties Sdn Bhd.
The 24-hour lifestyle hub developed by SkyWorld Development Bhd spans 4.
The property developer said in a statement on Wednesday that Sufian, who was appointed to the post on Feb 2, 2021, had tendered his resignation on Nov 29 to pursue other opportunities.
With a total GDV of RM106 million, Teman shoplots will have a total of 37 units, comprising 20 intermediate units with built-ups of 3,332 sq ft (and priced at RM1.
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