EUPE Corp net profit surges 28.9% in 4Q, driven by strong property sales
For the full year of FY2024, net profit increased by 35.
For the full year of FY2024, net profit increased by 35.
The job scope includes the construction of 30 floors of business serviced apartments comprising 553 units, and eight podium floors — six floors of parking, one floor for residents' facilities, and one floor of business space.
According to the REIT, its property operating expenses for the quarter surged 52% y-o-y due to operating expenses incurred for the new property, upgrading works, and higher utility costs driven by additional consumption under the hot weather.
Based on the transacted prices gathered via EdgeProp analysis, it appears that the presence of a power station or transmission lines within 50m of the houses does not impact property prices across the board.
Spanning 117 acres in southern Klang Valley, the 12-phase Senna Puteri will be developed over the next 10 years, offering residential, commercial, recreational areas, green spaces, community hall, surau and more.
Revenue for the quarter ended March 31, 2024 (1QFY2024) rose 42.
During the quarter, AME REIT registered RM12.
OCR said that under the joint-venture (JV) agreement, the landowner, Lecca Properties (M) Sdn Bhd, stands to gain RM45 million for partnering with the developer.
M Azura will be accessible via Jalan Genting Kelang, the Middle Ring Road 2, Duke Expressway and Jalan Tun Razak.
Currently, the stock is not covered by any analysts.