ForestHill Residences officially launches and achieves 70% take-up
With a gross development value of RM450 million, ForestHill Residences is located on a 4.
With a gross development value of RM450 million, ForestHill Residences is located on a 4.
UOB Plaza 1 Kuala Lumpur was completed in 2022.
This marks the third time that YNH, which is linked to prominent investor Datuk Dr Yu Kuan Chon, hit limit down within the past two weeks.
The group said it has entered into a sale and purchase agreement with Puspajaya Realty Sdn Bhd (PRSB) for the proposed land acquisition.
The plots are also contiguous to two other parcels that Eupe bought in 2022 from SNTDSB for a total of RM55.
According to YNH's bourse filing on Friday, the TCA was entered into by YNH's wholly-owned subsidiary Kar Sin Bhd (KSB) and the landowner Great Wall Park Sdn Bhd (GWP) on June 20, 2016, to build a mixed residential and commercial development.
Chur Associates founder and managing partner Chris Tan equates buying a property like buying a car, where regular maintenance is needed to upkeep the performance of the car, and the same applies to properties to preserve and enhance their value.
Panellists discussed what investors and consumers should watch out for when buying into stratified integrated development.
Think City urban mechanics director Daniel Lim: Those that are restored will fetch a better value than those that are dilapidated.
“This acknowledgement underscores SkyWorld’s positioning as a trusted property developer celebrated by its reputation in product quality, innovation, and value creation.