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SkyCity will be decorated with LED lights and complete with a 600-metre glass slide.

The state is offering undergraduate engineers salaries ranging from RM5,000 to RM6,000, while master's degree holders can expect to earn RM7,000, as it aims to secure the best talents for the local semiconductor industry.

Maybank Investment Bank Research analyst Wong Wei Sum upgraded the property sector to “positive” from “neutral” previously, on grounds of value emergence.

Situated along Lorong Maarof, the developer said the two 57-storey towers is currently the tallest condo in Bangsar.

The deal is expected to generate a net profit of RM30.

Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.

“The completion of this land sale allows us to reallocate resources towards significant projects, reduce debt, and align with our asset-light strategy to enhance competitiveness," said S P Setia president and CEO, Datuk Choong Kai Wai.

Lamanda Chuping is a key initiative under the Perumahan Warga Felda programme, which was initiated by the government to address the growing demand for affordable homes among Felda’s second-generation families.

SkyWorld contributed RM50,000 to the sinking fund of SkyMeridien Residences’ management corporation to support the ongoing upkeep and maintenance of the property.

Last month, WCT announced plans to establish and list a real estate investment trust on the Main Market of Bursa Malaysia which will allow the group to monetise its investment properties.