IOI Properties' finance chief resigns to pursue other interests
The company has yet to announce Melissa Tan Swee Peng’s replacement.
The company has yet to announce Melissa Tan Swee Peng’s replacement.
The restraining order, which will last for a period of three months from April 19, 2024, is to enable Ivory Gleneary Sdn Bhd (IGSB), a wholly-owned subsidiary of Ivory Properties, and its creditors to formalise the proposed scheme of arrangement and thus allow for the extension of time to submit the company's regularisation plan in order to get out of the PN17 status.
UOB KayHian said that based on 2023 National Property Information Centre data, 53% of residential transactions in Malaysia involved houses priced at less than RM300,000, with Perak, Selangor, Johor, Kedah and Pahang being the key contributors.
Spanning 117 acres in southern Klang Valley, the 12-phase Senna Puteri will be developed over the next 10 years, offering residential, commercial, recreational areas, green spaces, community hall, surau and more.
DONE DEAL: Office, Megan Avenue 1, Jalan Tun Razak, Kuala Lumpur DONE DEAL: Serviced residence, Tropicana The Residences, Jalan Ampang, Kuala Lumpur Just off Jalan Tun Razak is myHabitat on Jalan Aman.
DONE DEAL: Shoplot, Denai Alam, Selangor DONE DEAL: Semidee house, Damansara Heights, Kuala Lumpur Previously known as the Circular Road, Jalan Tun Razak is one of the most lively thoroughfares in Kuala Lumpur’s Golden Triangle.
The research house said developers with sizeable landbanks and industrial segment exposure should see greater benefit from infrastructure developments and rising investment flows.
"We envision a future where every believer in WEREG Properties can ‘build wealth through real estate’.
Polygon Properties founder and director Derek Soh: “We aim to be a seamless and borderless real estate organisation, offering equal opportunities to all who seek to transform their lives.
A joint statement on Tuesday said there will be two parts to the partnership — an energy performance contract (EPC) and a memorandum of business exploration (MOBE).