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In the KL fringe market, there was also slight improvement in vacancy rate, decreasing from 7.

He said the three tenders were worth about RM473 million in the provision of services for construction works for roads, pavements, bridges and flood mitigation systems.

“While crucial construction materials like aggregates, sand and concrete continue to experience upward price pressures, the frequency of incremental increases has reduced.

The land fetches an indicative market value of RM96.

"By joining forces, we aim to unlock new avenues for progress, where cutting-edge solutions seamlessly integrate with eco-friendly practices, ultimately shaping the cities of tomorrow.

In February, the group had completed the acquisition of two vacant parcels of leasehold land in Melaka Tengah from Faithview Group Development Sdn Bhd for RM30.

"The strategic collaboration with Maybank aims to help alleviate financial difficulties associated with homeownership, demonstrating our shared goal of improving the homeownership journey.

Under the agreement, Huawei will serve as the technology advisor, while JJ-LAPP will be the authorised value-added partner to promote and sell the smart PV solutions across residential as well as commercial and industrial (C&I) sectors.

On Monday, Axis REIT announced that it is buying the industrial complex and open storage yard from Amsteel, a unit of Lion Industries Corp Bhd.

Aw told EdgeProp that this collaboration started with the homebuyers’ interest in mind when drafting Avaland’s green plan.