The planned launches during the year with a total estimated gross development value (GDV) of RM459 million include new phases of double-storey houses within Glomac’s established township developments.
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In a bourse filing, the group said its wholly-owned unit SCIB Properties Sdn Bhd has entered into an agreement with a real properties investment company Ginteck Sdn Bhd to acquire the land for RM9.
This latest contract win follows a RM234.
DONE DEAL: Town house, Taman Bukit Serdang, Selangor DONE DEAL: Verticas Residensi, Bukit Bintang, Kuala Lumpur Ampang Hilir’s landed residential properties fall into three main built-up size ranges, a majority of properties falling into the 1,000 to 2,000 sq ft range.
Embassy Gardens, which brought in RM224 million sales, was the biggest contributor, followed by Wardian (RM146 million), and Millbrook Park (RM55 million).
Rate cuts in the US have been mostly positive for the FBM KLCI with a median return of 8% over a 12-month period after a US rate cut, Kenanga said in a note.
DONE DEAL: Town house, Taman Bukit Serdang, Selangor DONE DEAL: Verticas Residensi, Bukit Bintang, Kuala Lumpur Non-landed residential properties make up 3.
An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova.
Following the termination, Sinmah Capital said it shall receive a settlement sum of RM12.
Relocating from Millbank Tower in Westminster, the agency's new global headquarters at 50 Electric Boulevard will come with views across the capital and its own private roof terrace of approximately 3,350 sq ft.
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