News about property

The usage of IBS in Rumah Idaman Cahaya, similar to other Rumah Idaman projects undertaken by MGB, contributes to its affordability due to reduced dependence on labour, an ability to optimise cost as well as increase and maintain the quality of the units.

The demand for warehouse space remains high, with manufacturers being the main drivers as they expand their logistics space.

Sime Darby Property mentioned it could generate about 150MW from 15,000 rooftops in the City of Elmina, Shah Alam’s residential landed units over the next five years.

With the adoption of a hybrid workplace, companies are also looking for space that offers greater flexibility of space planning.

In a statement on Wednesday (July 26), the developer said the project entails 880 acres of freehold land.

With a gross development value (GDV) of RM240 million, Societe is a 33-storey building comprising 280 small office home office (SoHo) units and 20 duplex SoHo units with built-ups ranging from 499 to 1,595 sq ft.

Datuk Wan Selamah Wan Sulaiman, 68, was appointed as the group’s independent and non-executive in January 2016.

“The carefully planned landscaping enhances the overall aesthetic appeal and allows residents to immerse themselves in the natural beauty surrounding them.

Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.

According to King’s Park Development executive vice president Sean Chen, King’s Park will be developed in five phases.