Super spacious Desa ParkCity condo sold (Park Regent) | DONE DEAL 3-storey Mont’Kiara bungalow an absolute steal (Aman Kiara) | DONE DEAL Average transaction prices for industrial properties in Mukim Tanjung Minyak, Melaka, have seen steady increments each year, since 2021, which was the year with highest recorded average transacted prices post-pandemic.
It is acquiring the stake through its wholly owned subsidiary, Ann Joo Management Services Sdn Bhd (AJMS), from KESB director Datuk Ong Tee Thong, according to a Bursa Malaysia filing on Tuesday.
The company said it is buying the property, which includes a semi-detached factory and a three-storey office building, from a scrap metal trading firm, Sri Pushpam Recycling Sdn Bhd, for RM11 million.
“The proposed disposal is expected to result in a net gain of approximately RM14.
Regarding the aborted sale of the proposed 33 industrial lots, the company was to pay MBI Perak RM72 million.
“The land will be used as the container depo, and will be for internal use and rental to external party.
DONE DEAL: Bungalow, Seksyen U9, Shah Alam, Selangor DONE DEAL: Serviced Residence, Bukit Bintang, Kuala Lumpur Located in the Lion Industrial Park at Beranang, Semenyih, Selangor, the land is surrounded by key industrial sectors including automotive, chemical, metal and machinery.
DONE DEAL: Three-storey link house, Kepong, Kuala Lumpur DONE DEAL: Condominium, Subang Jaya, Selangor Pajam is a developed industrial area located in Negeri Sembilan and is surrounded by development projects.
Paragon Union said the disposal provides an opportunity for the group to unlock and realise the value of the property, which it expects to record a net pro forma gain of RM11.
KUALA LUMPUR (Oct 7): Dynaciate Group Bhd is acquiring an 8-acre piece of industrial land in Serendah, Selangor, from Brem Holdings Bhd for RM10.
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