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While the pipeline met technical specifications, a segment of it was not fully supported by the ground beneath, which was found to be soft and moist.

The rising rents could be a double-edged sword, on one hand signalling the appeal of the once-forgotten areas, but also threatening to price out those who jump-started the vitality.

Damansara Kim is well-located within Petaling Jaya, for both commercial and residential properties.

Asian Pac said the proposed acquisition aligns with its strategy to invest in retail malls, with the objective of increasing net property income.

Find out the y-o-y median transacted price movements of four of PJ’s most popular locales as of Oct 31, 2024 — based on EdgeProp Research and EPIQ platform.

The acquisition is part of OSK Property's strategy to increase its market share in the property development sector.

OSK Amanjaya Sdn Bhd, a wholly owned subsidiary of OSK Property, is buying the land, located north of Sungai Petani, from Central Kedah Properties Sdn Bhd.

Legasi Green is owned by Angelaxy Power (30%), Asanaga (30%), and Greenviro Solutions Sdn Bhd (40%).

The tenders in question that were issued by PPJ, an agency under the Ministry of Federal Territories, include two from 2018, three from 2019, and one from 2021.

JHM said the acquisition is a critical investment for the company’s expansion.