DXN to buy Burj Khalifa apartment for RM7.4 mil from chairman
The apartment, located on the 60th floor of the Burj Khalifa, has a built-up area of 1,887.
The apartment, located on the 60th floor of the Burj Khalifa, has a built-up area of 1,887.
Phase 2 will comprise residential, commercial and leisure components such as shopping malls, office buildings, serviced apartments, branded residences, five- to six-star hotels, and later, educational facilities.
At the current level, BNM said it “considers the monetary policy stance to be appropriate and supportive of the economy amid price stability”.
The prime lifestyle hub, along with its premium office and residential segments, has been viewed to further enhance the value of properties in the affluent address.
The development will comprise two blocks—Anjung A, a 30-storey tower with 233 units, and Anjung B, a 32-storey tower with 247 units—both sitting atop an eight-level podium housing car parks (from basement level five to level two), resident facilities on the ground and third floors, and an additional sub-basement level.
With the sale, Hextar Global said the group plans to focus on operating durian collection centres instead, where various sellers can supply the fruit to the group.
The Reya at KL East marks Sime Darby Property’s latest addition to the multi-award-winning KL East masterplan.
This sale gives the Malaysian developer full ownership over the South Beach mixed-used development, which includes South Beach Tower, South Beach Avenue, and the JW Marriott Hotel Singapore South Beach.
The average transaction price for Serai Bukit Bandaraya was RM1,644 psf, based on EdgeProp’s data for the past 48 months.
“Despite external risks, BNM remains upbeat on domestic demand, supported by a strong labour market, policy measures, and sustained investment from infrastructure and development initiatives,” RHB Investment Bank said.