As Penang’s mainland continues to strengthen its role as a key industrial and commercial hub, demand for modern corporate office space is steadily increasing.
With a gross development value of RM800 million, the project will offer about 1,300 units consisting of serviced apartments with built-ups from 484 to 657 sq ft, as well as office suites with built-ups from 323 sq ft.
In August, E&O inked a deal to sell two adjoining freehold land parcels in Hammersmith—held under its indirect subsidiary Hammersmith Properties Ltd—to Varsity Capital 1 Propco Ltd for up to £90.
The groundbreaking ceremony also saw the signing of a homestay management partnership with Aurum Stay Sdn Bhd.
High Court judge Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan allowed Communications Minister Datuk Fahmi Fadzil and the government’s application to strike out the suit on the grounds that Asian Kitchen had no legal right to bring suits over concession agreements it was not party to.
Developed by UOA Development Bhd, Aster Hill is a freehold suite apartment project located in Sri Petaling, Kuala Lumpur.
Park Regent, Kuala Lumpur condo unit sold for RM11.
Bandar Mahkota Cheras, Selangor shop rented for RM6.
Among the analysed projects, six have median asking rental prices that mostly fall under RM2,000–RM4,000, while three projects feature median asking rental prices ranging RM6,001–RM8,000.
As part of this infrastructure enhancement initiative, a robotic chef has been deployed at I-Bhd’s Wyndham Suites KLCC.
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