LBS Bina sells Johor Bahru land for RM110 million
The sale covers one leasehold parcel (expiring in 2099) and one freehold parcel, both currently vacant.
The sale covers one leasehold parcel (expiring in 2099) and one freehold parcel, both currently vacant.
Johor's overall residential market continued to show exceptional growth.
The collaboration enables MapleHome to offer a suite of property management and hospitality services to M Grand Minori residents and investors, including in-house maintenance, housekeeping, concierge, air conditioning servicing and airport transfers.
Other initiatives include a price mapping system of affordable homes based on median income levels by state and district to allow developers to determine appropriate selling prices for specific localities instead of the current caps.
The initiative will help "nearly 1.
He added that transient disruptions like the one recently experienced in Johor should not have a significant impact on DC operations in the short term.
The upgrading works will introduce a “modern facade” and increase floor area by 4% to 568,927 sq ft, set to house over 300 retailers.
Bukit Damansara, Kuala Lumpur bungalow sold for RM4.
Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.
LBS Bina said the JV offers a strategic opportunity to expand its commercial portfolio, leverage state-endorsed infrastructure investments, and tap into the long-term demand for industrial space.