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With the SPA terminated, the parties will now revert to the development rights agreement inked, it said.

Dawn, KLCC is located less than 385m from KLCC and within sight of the Saloma Bridge, while Aricia Residences is “in the heart of Sungai Besi”.

Arika@Kubang Kerian is a 42-storey service apartment located 700m from USM Health Campus offering 668 fully furnished apartment units as well as 26 shop units.

Located in the heart of Serenia City and fronting the 32-acre Serenia City Central Park, The Corak offers 98 units of 2-storey shopoffices and one drive-thru with built-ups from 3,358 sq ft to 5,233 sq ft, and selling prices ranging from RM1.

To be completed by end-2024, Gardens Square is set to welcome partners, such as ZUS Coffee, Tealive, ChaTraMue, Long John Silver’s, Bask Bear, 7 Café, Shae.

For the full year of FY2024, net profit increased by 35.

The job scope includes the construction of 30 floors of business serviced apartments comprising 553 units, and eight podium floors — six floors of parking, one floor for residents' facilities, and one floor of business space.

According to the REIT, its property operating expenses for the quarter surged 52% y-o-y due to operating expenses incurred for the new property, upgrading works, and higher utility costs driven by additional consumption under the hot weather.

This is not the first time Fajarbaru has won a contract from WCT.

Revenue for the quarter ended March 31, 2024 (1QFY2024) rose 42.