The RM1 bil Shariah-compliant fund sponsored by Sime Darby Property and LOGOS Property consists of five other limited partners, including local institutional investors such as Permodalan Nasional Bhd.
The proposed development will comprise of approximately 340 apartment units with a launch GDV potential of A$450 million (RM1.
Precinct B of Ion Belian Garden comprises 186 units of single-storey terrace houses, targeted for completion by 2026.
Gamuda’s established regional presence, track record, and the current growth in DC investment position the group well for further opportunities, according to Hong Leong Investment Bank (HLIB) Research.
Details of the project, including the identity of the building, were not disclosed in TRC's filing to Bursa Malaysia.
The project is set to commence next Monday (May 27) and is scheduled for completion on Feb 27, 2026.
It clarified “that as a property developer, our operations, including those of our contractors, have only been utilising diesel fuel at a commercial rate.
Using EdgeProp EPIQ mapping tools, find out exactly where the recreational spaces are and gain a measure of how green each area is.
More than a dozen analysts covering the stock raised their target prices to also account for the stronger-than-expected results announced on Tuesday.
Its property segment recorded a six-fold jump in profit before tax to RM33.
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