Axis REIT net property income slips in 2Q, declares 2.05 sen income distribution
The REIT said the realised net income from its operations was RM33.
The REIT said the realised net income from its operations was RM33.
The company said its indirect wholly owned Tanco Builders Sdn Bhd (TBSB) had accepted the letter of award (LOA) from Arkitek CKL, on behalf of WGBSB, to undertake the main building and infrastructure works for the project, which will have one block of Rumah Selangorku apartments (400 units).
In a filing to Bursa Malaysia on Wednesday (July 26), Ekovest said it has signed the collaboration agreement with Shenzhen Maoxiong Co Ltd (MX) and Anxi County People's Government (Anxi).
With the adoption of a hybrid workplace, companies are also looking for space that offers greater flexibility of space planning.
In a statement on Wednesday (July 26), the developer said the project entails 880 acres of freehold land.
Of note, are the 112-acre Tropicana Grandhill and Tropicana Paradise, an integrated development and the next phase of the Tropicana WindCity masterplan.
The substructure works are for two blocks of 47-storey serviced apartments comprising 453 units, with existing commercial development comprising a five-storey retail mall and two levels of basement parking.
The WORQ with DE Rantau programme is estimated to inject RM360 million into the Malaysian economy by supporting 6,000 highly skilled workers, as well as enabling new businesses in the economy.
Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.
According to King’s Park Development executive vice president Sean Chen, King’s Park will be developed in five phases.