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Sitting on a 5.

The renovation will take 18 months and is slated for completion in December 2026.

The firm said Eco World Development Group Bhd (KL:ECWLD) and Sime Darby Property Bhd (KL:SIMEPROP) will award four major data centre projects—two each—within the next two months.

Avalon will feature a total of 343 units across three home types, with built-up areas ranging from 2,004 to 2,454 sq ft and prices starting from RM784,600 to RM1.

Based on Setia Federal Hill’s masterplan submitted in 2023, the certification process involved a series of evaluations, with its criteria including smart location and linkage, neighbourhood design, green infrastructure and buildings, innovation, and regional relevance.

The five plots, measuring a total 40,340 sqm, come with a nine-year tenancy agreement that generates annual rental income of RM2.

YNH Property and Chin Hin—along with the land’s registered proprietor, New York Empire Sdn Bhd—have now agreed to revoke that agreement and proceed with a direct land sale to Chin Hin.

The Sri Penaga Condominium was also the recipient of the Editor’s Choice Awards for Excellence in Evergreen Community Living.

All units are designed for multigenerational living, with layouts that include family areas, private terraces, powder rooms and rooftop openings in selected penthouses.

The facility, formerly known as A Famosa Specialist Hospital, is a 140-bed tertiary care centre slated for completion in the first half of 2028.