Melati Ehsan unveils Khaya Residences sales gallery
Khaya Residences will comprise 795 serviced apartment units in a 61-storey L-shaped block.
Khaya Residences will comprise 795 serviced apartment units in a 61-storey L-shaped block.
The IPO, indicatively priced at RM1 per share, comprises retail and institutional offerings, according to the prospectus unveiled on Friday.
Civil proceedings should be commenced to recover the millions in waived penalties, as the developer had unfairly benefitted from the sale of these properties and had obtained “unlawful enrichment”.
Housing and Local Government Minister Nga Kor Ming said that urban renewal is not merely a ministry initiative, but a vital national agenda.
The building is proposed to stand 62 storeys tall, with service apartments taking up 35 floors, while the hotel takes up nine floors.
“Klebang is selected due to its strategic location within the Straits of Melaka Waterfront Economic Zone (SM-WEZ), which offers significant growth potential through its coastal accessibility, expanding infrastructure, and alignment with Melaka’s long-term economic transformation agenda,” stated LBS Bina.
Minister Datuk Seri Tiong King Sing said the enhanced MM2H programme is shaping up to be one of the world’s premier long-term residency platforms, offering Platinum, Gold, and Silver tiers to cater to the diverse needs of high-net-worth individuals, families, retirees, and digital nomads.
Located within the Ibrahim International Business District (IIBD), the southern corridor’s core economic nucleus, Quayside JBCC is a 195-metre ultra-luxury freehold development, comprising 482 serviced suites, 24 commercial retail units and 200 hotel suites.
In an exchange filing, YNH Property said its wholly owned units Kar Sin Bhd and YNH Hospitality Sdn Bhd, together with RHB Trustees Bhd, the trustee of Sunway REIT, have mutually agreed to extend the conditional period of their sale and purchase agreement (SPA) signed on Jan 20, 2025.
The residents’ association chairman Saidfudddin Mohd Adam, 49, said the quarry operator has agreed to cover the repair costs for all affected homes, following a meeting held with the residents after the incident.