“The agreement is the second-largest hotel transaction on record in New Zealand this year,” Invest New Zealand, the government agency dedicated to facilitating foreign direct investment, announced on Tuesday.
UEM Sunrise also announced the appointment of Grace Yap Mei Wan, 58, as an independent director, effective Nov 3.
Phase 3 of the project comprises 34 three-storey units, including 20 semi-detached and 14 zero-lot houses.
Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.
“Technology can make our systems more efficient, but only our values can make them humane,” said Zaliha.
"Khazanah's investment is based on the government's mandate to develop Iskandar Malaysia as a special economic corridor and this effort has been extended to Desaru Coast in line with the broader development efforts in Johor.
The asset, originally purchased in April 2017 for RM15.
Described as the “highest peak of Equine park”, KAIA Heights Phase 2 offers residents unobstructed views, with one side overlooking Merdeka 118 and the other facing the Putrajaya Mosque.
Bukit Damansara, Kuala Lumpur bungalow sold for RM4.
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