The 137-acre NCT InnoSphere occupies free zone land adjacent to the Malaysia–Thailand border, positioning it as a strategic land access trade gateway for the Northern Corridor.
The project’s primary scope involves constructing a 34-storey serviced apartment tower with 748 units, a sub-basement service plant, multi-level parking facilities, and public amenities on the 10th floor.
The bulk of overhang across key states in the recent months was made up of the mid-range, and even condo units which are considered within the affordable price brackets, i.
The contract was awarded to the group’s wholly owned subsidiary, Inta Bina Sdn Bhd, by Eco Majestic Development Sdn Bhd.
The project, which has a tenure of 30 months from Sept 18, involves the main building works for DA Central Mall and The Arden office tower in property developer TA Global's 48-acre Damansara Avenue development in Bandar Sri Damansara.
The house initiated coverage on the property developer with a ‘buy’ call and the highest target price on the street at 78 sen, a potential upside of 44% gain from the current price, citing solid earnings visibility from a heavy pipeline of projects over the next decade.
This soft opening of Majestic Labs marks a new phase for the 1,089-acre Eco Majestic township, which is planned to grow further with Labs 2 in the next three years, depending on market demand.
Ungku Iskandar urged policymakers and developers to adopt data-driven planning and a unified oversight to tackle housing and commercial oversupply.
Sime Darby Property group managing director and CEO Datuk Seri Azmir Merican: Through rooftop leasing, they can earn additional income without bearing the cost of installing solar panels.
The Skies is a 42-storey serviced apartment development located on Jalan Cheras, comprising 303 units ranging from 550 to 800 sq ft.
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