This comes after his father and Chin Hin founder, Datuk Seri Chiau Beng Teik, also ceased to be a substantial shareholder in NCT Alliance when he sold a 3.
The construction of the terraced houses is expected to be completed within three years, while the substations are projected to be finished within six months after receiving the architect’s instructions, the company said.
This is going to be the second REIT to be controlled by billionaire tycoon Tan Sri Desmond Lim Siew Choon, after Pavilion REIT.
The planned launches during the year with a total estimated gross development value (GDV) of RM459 million include new phases of double-storey houses within Glomac’s established township developments.
_1.jpg)
In a bourse filing, the group said its wholly-owned unit SCIB Properties Sdn Bhd has entered into an agreement with a real properties investment company Ginteck Sdn Bhd to acquire the land for RM9.
This latest contract win follows a RM234.
DONE DEAL: Town house, Taman Bukit Serdang, Selangor DONE DEAL: Verticas Residensi, Bukit Bintang, Kuala Lumpur Ampang Hilir’s landed residential properties fall into three main built-up size ranges, a majority of properties falling into the 1,000 to 2,000 sq ft range.
Embassy Gardens, which brought in RM224 million sales, was the biggest contributor, followed by Wardian (RM146 million), and Millbrook Park (RM55 million).
DONE DEAL: Town house, Taman Bukit Serdang, Selangor DONE DEAL: Verticas Residensi, Bukit Bintang, Kuala Lumpur Non-landed residential properties make up 3.
“Our board members and management team were inspired by his leadership and Alliance Bank was privileged to have him at the helm as we embarked on a solid growth path.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
