Avaland pays RM86m for Taman U-Thant land, targets RM700m GDV luxury high-rise

PETALING JAYA (April 29): Avaland Bhd is expanding its footprint in Kuala Lumpur's luxury residential segment, with its indirect wholly-owned subsidiary Nexus Advertising Sdn Bhd (NASB) signing a conditional sale and purchase agreement (SPA) yesterday (April 28) to acquire three adjoining parcels of freehold development land in the prestigious Taman U-Thant embassy enclave for RM86,039,000, according to its announcement on Bursa Malaysia.

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Sarawak: Glut in high-rise homes

PETALING JAYA (Jan 16): There is an oversupply of high-rise residential property in Sarawak but landed houses are holding up well, said managing director of CH William Talhar Wong and Yeo Sdn Bhd (WTWY) Robert KS Ting (pictured).

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