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Kluang’s mature taman areas continue to attract families seeking affordability.

The project is estimated to generate a pre-tax profit of RM210 million based on a gross cost of RM940 million and translate into a margin of 18%, the company said in a statement.

Bayu Serenia forms part of ongoing development within Serenia City, a major township in the southern Klang Valley corridor envisioned as the “Garden City of KLIA”, featuring residential, commercial, and industrial precincts focused on liveability, sustainability, and connectivity.

The contract, awarded to its wholly-owned subsidiary Crest Builder Sdn Bhd, encompasses reinforced concrete construction up to Level 6 for three blocks of service apartments and a six-storey podium.

D’Marina Bayu, also known as Phase 2B of Residensi D’Marina by Citaglobal Property Development Sdn.

The 21-storey property has remained vacant since 2018, marking the revival of a key hospitality asset in Kedah.

Prime Minister Datuk Seri Anwar Ibrahim: There were questions raised about Carcosa—this is the problem when sometimes the opposition doesn’t read.

While expressing support for the initiative to preserve the historical building, Muar member of Parliament Syed Saddiq Syed Abdul Rahman said the amount appeared excessive and “does not make sense.

Designated as Package CMC2, the tender is open to Malaysian contractors as well as foreign contractors, which must form a joint venture or consortium with Malaysian contractors holding at least 50% equity.

The new Wisma KePKAS, with an estimated development cost of RM70 million, will be located at Jalan Wisma Budaya, on a site measuring approximately 1.