MUI Properties to buy RM605m Ijok land to rebuild development pipeline
It said the acquisition is intended to replenish its land bank after completing the RM424.
It said the acquisition is intended to replenish its land bank after completing the RM424.
IOI Properties’ profit before tax jumped more than five times to RM753.
During the “30 Years Together” anniversary campaign period, a total of 558 purchasers booked and completed property transactions across the group’s selected residential, commercial, and industrial developments in Bandar Putra Kulai, Taman Lagenda Putra, Taman Kempas Utama, Bandar IOI Segamat, and Platino Avenue in the southern region.
Penchala 188 Residency marks the debut development by GDP X Properties Sdn.
Ivory Properties will continue to operate as an unlisted entity following its delisting.
The sale reduced EPF’s shareholding in the property developer to 4.
The RM367 million COVO features 601 serviced apartment units across a 38-storey high-rise (Tower A) and a low-rise residential block (Tower B).
This sale gives the Malaysian developer full ownership over the South Beach mixed-used development, which includes South Beach Tower, South Beach Avenue, and the JW Marriott Hotel Singapore South Beach.