“We would like to make it clear that Tan Sri Vincent Tan Chee Yioun has not participated in any such discussions, and refute the inaccurate claims presented in the article.
JRG chairman Tengku Datuk Abu Nirah has expressed his confidence that the development will be a catalyst for socio-economic growth in the East Coast region.
For the full year of FY2024, net profit increased by 35.
The job scope includes the construction of 30 floors of business serviced apartments comprising 553 units, and eight podium floors — six floors of parking, one floor for residents' facilities, and one floor of business space.
According to the REIT, its property operating expenses for the quarter surged 52% y-o-y due to operating expenses incurred for the new property, upgrading works, and higher utility costs driven by additional consumption under the hot weather.
So far this year, CLMT has gained 17%, sharply outperforming its peers, buoyed by potential earnings contributions from its newly-acquired industrial properties.
Based on the transacted prices gathered via EdgeProp analysis, it appears that the presence of a power station or transmission lines within 50m of the houses does not impact property prices across the board.
Spanning 117 acres in southern Klang Valley, the 12-phase Senna Puteri will be developed over the next 10 years, offering residential, commercial, recreational areas, green spaces, community hall, surau and more.
Teh considers the real estate as a good business venture that comes with low risk, low cost and high profit.
On transfer of the land to Eden's unit Stratavest Sdn Bhd (STV), Eden will pay ZESB the balance of the land value, net of the debt, that amounts to RM4.
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