SCIB said it is too premature to provide estimates for the GDV or gross development cost for the project at this juncture, as it is only in the early stages of planning, and the final development concept has yet to be determined.
The Mansions @ ParkCity Heights, Kuala Lumpur terrace house sold for RM9.
The tax exemption threshold for MSMEs will be increased to include those with an annual turnover of up to RM1.
The group expects a net gain of RM5.
"This divestment forms part of our active portfolio management and capital discipline, where mature, smaller-format properties are monetised at attractive valuations and capital is redeployed into larger, scalable properties with stronger long-term growth.
Mutiara Kempas consists of a 39-storey low-density tower with 562 units, ranging from 801 sq ft to 1,024 sq ft.
Three parcels have been acquired in Puchong and USJ 1, Selangor, and in Georgetown, Penang, as part of Sunway’s nationwide expansion strategy.
Prime Minister Datuk Seri Anwar Ibrahim, who is also finance minister, said the move would be considered should price hikes by industry players continue to exert pressure on development costs and the cost of living.
Lyra Residences 2 is a freehold residential development by Worldwide Holdings Bhd, located within Selangor Cyber Valley, Cyberjaya.
The private sector remains a key driver for the non-residential category specifically within data centre (DC) job flows, which grew by 6% to reach RM159.
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