Darulaman Lagenda will comprise more than 2,500 landed affordable homes with a gross development value of RM593 million KUALA LUMPUR (Sept 2): Lagenda Properties Bhd will be developing a new “affordable township in the heart of Sungai Petani”, Kedah with Bina Darulaman Bhd.
Its group chief executive officer Jeffrey Chew Sun Teong said that although the lingering economic uncertainties due to higher interest rate and inflation have dented buyer sentiment in general, new property launches planned for the rest of the year extend the group a stronger earnings prospect.
The real estate developer, which is 60%-owned by businessman Tan Sri Ter Leong Yap, reported that revenue almost doubled to RM122.
Paramount's property division recorded a 57% revenue jump to RM197 million from RM125.
UEM Sunrise’s chief executive officer Sufian Abdullah said the possibility of another overnight policy rate hike is unlikely to have a significant impact on sales or sentiment.
Its property investment segment recorded a PBT of RM53.
This compares to the net loss of RM7.
SunCon group managing director Liew Kok Wing said barring any unforeseen circumstances, the group is cautiously optimistic about registering positive growth in FY22, supported by a strong existing outstanding order book.
DONE DEAL: Residential land at Taman Bukit Suria, Kajang, Selangor DONE DEAL: Office unit at Plaza Conlay, Kuala Lumpur This bungalow unit at Jalan Pelangi Pagi is located in the quiet and peaceful enclave of Country Heights Kajang (also known as The Beverly Hills of Malaysia), surrounded by lush greenery.
KUALA LUMPUR (Aug 22): Southern Score Sdn Bhd, a construction management services company, is set to be acquired by G Neptune Bhd as part of the latter's proposed regularisation plan.
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