Scientex got a reasonably good land deal, say analysts
The research house is positive on the deal, as it allows Scientex to expand its footprint and build upon its success in affordable housing in the northern part of Selangor.
The research house is positive on the deal, as it allows Scientex to expand its footprint and build upon its success in affordable housing in the northern part of Selangor.
The presentation shed light on changing residential preferences in Kajang, with transaction data showing a surge of more than twofold from 12% in 2010 to 28% in 2022 for high-rise properties.
“This partnership aims to create a robust infrastructure that supports its long-term vision for the region’s growth and development while incorporating sustainable elements within an ESG framework.
By leveraging EPIQ's data mapping, Scientex has achieved a 100% digitised workflow, streamlining decision-making and accelerating project timelines.
Located next to Malaysia International Trade & Exhibition Centre (Mitec), Hyatt Regency Kuala Lumpur will attract visitors from events hosted by the exhibition centre.
With a GDV of RM761 million, MHP3 is situated on a 4.
Ab Aziz will officially assume the position upon an official announcement at the upcoming 74th Fiabci World Real Estate Congress 2024, which will be held May 27-31 in Singapore.
Highlighting the promising development potential of the land, Scientex said the proposed acquisition presents an opportunity to create greater economic value and increase earnings potential over the medium to long term.
The purchase price represents a 45% discount to PM Holdings’ closing price of 11 sen on Thursday, valuing the group at RM102.