He acknowledged that KPKT and the state authorities are still facing challenges in addressing this issue, including detecting individuals who may build housing units in rural and suburban areas, and in pocket developments where the scale of the project is small and may go undetected.
Bon Estates also entered into a joint venture agreement with Zhuojian Associates to develop a 12-acre landed freehold development in Taman Melawati.
Vivahomes achieved record breaking sales of RM65 million (total commission received) and sales force of 2,500 agents nationwide in 2023.
This brings its total income distribution for FY2023 to 7.
“This time, the development is more focused.
"Recent initiatives including forging Green Lease Partnerships with tenants, has solidified our commitment toward realising a net-zero mall by 2050.
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There will be an exciting Travel Roadshow meant to be “perfectly aligned with the upcoming travel season”.
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Consequently, this has led to “a number of unintended consequences”, the first of which is the increased number of completed but unsold units, which Tong said is incorrectly labelled as “overhang”.
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