News about sale

On Dec 16 last year, PKNP had signed a sale and purchase agreement to dispose of the land to LLSB for RM4.

Sime Darby Property said demand for its landed property remains strong with an average take-up rate of 80% as of end-March 2023.

Malaysian regulations on redevelopment and, by extension, en bloc sales, must change, quickly.

In a sector update on Monday (July 17), the research house said it believes property sales momentum will stay strong this and next year, with the Johor property market seeing sustainable recovery going forward.

PublicInvest Research, which maintained its “outperform” call on EcoWorld with a target price (TP) of 88 sen, said the current sales of RM2.

“This sale is part of S P Setia's strategic plan to improve capital efficiency by monetising its identified land banks and aligns with the company's long-term plan to move towards a lighter asset structure.

Genting Malaysia said the Miami Herald land is close to the commercial, residential and shopping areas in Miami, Florida, and is located directly across the street from the Adrienne Arsht Center for the Performing Arts of Miami-Dade County, one of the largest performing arts centres in the US.

House prices are still rising, albeit at a slow pace.

Developers must provide purchasers with a full set of detailed approved documents of the property in the sale and purchase agreement.

The group said it is acquiring the stake in Gplex Properties Sdn Bhd from Googolplex Holdings Bhd, which will still own the other 49.