I-Bhd announces partnership with Wyndham Hotels & Resorts
The existing property is a luxury condominium with a gross development value (GDV) of RM820 million.
The existing property is a luxury condominium with a gross development value (GDV) of RM820 million.
“Our joint venture with them for this Diamond City project is ongoing.
“We will explore various opportunities, from enabling connected assets to developing a robust and integrated infrastructure ecosystem.
“The board is optimistic that the demand for industrial properties is bright and will be contributing towards the profitability of Ewein.
The counter has risen more than 231% this year, on sentiment play amid an inflow of positive news for projects in Johor, in particular near the Iskandar region, where UEM Sunrise’s portfolio is mostly located.
The parcel of land comes together with a one-storey commercial shopping complex and a one-storey temporary building comprising a futsal court and a commercial lot.
The RM85 million proceeds from the disposal will be used for working capital by its subsidiary Mega Legacy (M) Sdn Bhd (MLSB), which will be given the rights to develop the land.
With prices starting from RM678,000, Banyan's intermediate units comprise 4 bedrooms and 3 bathrooms, while the corner units offer 4 bedrooms and 4 bathrooms with a favourable North-South orientation.
The initiative saw the upgrading of existing facilities including eight commercial lots, enhanced washroom and surau facilities, and the allocation of more than 70 parking bays for cars, motorcycles and bicycles, to cater for the needs of travellers and visitors and in support of Langkawi’s tourism segment.
The building and engineering products and services promoted include the industrialised building system (IBS), building information modelling (BIM), formwork system, advanced building materials, equipment and machinery and other related construction technologies.