Sunway REIT’s 3Q NPI rises 25% to RM181 mil on new asset contributions
Meanwhile, the industrial segment also delivered strong growth, bolstered by Sunway REIT Industrial—Prai, which was acquired in October 2024.
Meanwhile, the industrial segment also delivered strong growth, bolstered by Sunway REIT Industrial—Prai, which was acquired in October 2024.
The new entity currently has nine ongoing residential developments in Singapore, comprising 4,937 units with an attributable gross development value (GDV) of S$4.
This marks the first time a developer-led township has received Platinum recognition in a programme traditionally reserved for local councils and government agencies.
Apart from a dedicated Cancer and Nuclear Medicine Centre, the hospital is home to six Centres of Excellence, covering Cardiology, Orthopaedic, Neurosciences, Clinical Oncology, Women & Children’s Health (including NICU And Neonatology), and Digestive Health.
Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.
Under the acquisition, Sunway will assume ownership of MCL Land and its subsidiaries, including ongoing development projects in Singapore and a portfolio of income-generating and development assets in Malaysia.
Elmina Business Park, Selangor factory rented for RM36k | DONE DEAL Jaya One, Selangor office rented for RM5.
Partnership with Alliance Bank pioneers sustainable financing model for township development.
The freehold project is located about 3km from the upcoming Johor Bahru–Singapore Rapid Transit System (RTS) Link and next to Sunway Commercial Square.
“With Sunway Cochrane, we are setting a new benchmark for transit-oriented developments (TODs) in Kuala Lumpur by placing direct MRT access, GreenRE compliance, and future-ready features such as electric vehicle (EV) charging at the heart of the design.