On April 29, the appellate court allowed Tropika Istimewa Development Sdn Bhd, the developer of The Meridin@Medini project in Medini Iskandar Malaysia’s appeal against 107 property buyers for liquidated ascertained damages (LAD).
Its property development business turned to loss in absence of a land sale profit last year, while its investment segment profit also shrank.
According to the Social Security Organisation (Perkeso), a total of 66,574 work-related incidents were recorded in 2024, comprising 32,936 industrial accidents and the rest from commuting mishaps.
Majestic Labs is a continuation of EcoWorld’s dedication to community-building and placemaking with vibrant, people-first commercial spaces.
The group said the project awarded on behalf of Messrs Gamuda Bhd is scheduled for completion by Aug 30, 2025.
The purchase consideration was determined on a “willing buyer, willing seller” basis, based on independent valuations by Henry Butcher Malaysia using the comparison approach.
This weekend, explore move-in-ready units in Bukit Ceylon, Bukit Jalil, Puchong, and Seri Kembangan.
NEM Rakyat is one of three key categories under the NEM 3.
The REIT is eyeing assets with medium- to long-term leases, triple net lease structures (where tenants cover taxes, insurance and maintenance), and at least a 6.
Jalan Kiara, Mont’Kiara condo unit sold for RM3.
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