It said the programme has been assigned a long-term credit rating of AA3 with a stable outlook by RAM Rating Services Bhd, on the back of the group's "earnings visibility backed by its unbilled sales of RM852 million as at March 31".
With a gross development value of RM504 million, Aetas Seputeh comprises 126 units in two towers — a 46-storey Tower A and 38-storey Tower B — and occupies a 1.
Sanderling has a gross development value of RM327 million.
Avaland chief executive officer Apollo Bello Tanco said the company looks to sustain its momentum built from last year.
Avaland Bhd chief executive officer Apollo Bello Tanco: “This remarkable accomplishment has been further recognised when we managed to secure GreenRE Gold certification for Amika Residences, which is a testament of our continued dedication to develop sustainable projects.
In a note on Wednesday, the research house said that as it is riding above the 21-day simple moving average (SMA) line, expect the stock to trend higher towards the 5-year high of 41 sen, followed by the 52.
Aw told EdgeProp that this collaboration started with the homebuyers’ interest in mind when drafting Avaland’s green plan.
With a gross development value (GDV) of RM209 million, Casa Embun Phase 1 comprises 482 serviced apartment units with built-ups ranging from 550 sq ft to 1,541 sq ft and selling prices starting from RM250,000 as well as 16 retail units.
With a gross development value of RM202 million, Casa Embun Phase 2 comprises 505 units of serviced apartments ranging from 550 to 1,541 sq ft with two layouts of two rooms, one bathroom and three rooms, two bathrooms.
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