The 14th International Conference on World Class Sustainable Cities (WCSC) 2023 looks at how the world endeavours to reconcile urbanisation with sustainability objectives.
The counter has risen more than 231% this year, on sentiment play amid an inflow of positive news for projects in Johor, in particular near the Iskandar region, where UEM Sunrise’s portfolio is mostly located.
The RM85 million proceeds from the disposal will be used for working capital by its subsidiary Mega Legacy (M) Sdn Bhd (MLSB), which will be given the rights to develop the land.
With its thoughtful planning, green spaces, and commitment to preserving biodiversity, UEM Sunrise aims to set a new standard for sustainable and community-focused living in Kepong with Residensi ZIG.
UEM Sunrise said the disposal will allow it to fund working capital for the launch of its upcoming product, Residensi ZIG, also in Kiara Bay, tentatively scheduled for this quarter.
The group, via its wholly-owned unit Kerjaya Prospek (M) Sdn Bhd, had received a letter of award on Wednesday from UEM Sunrise’s wholly-owned Sunrise Alliance Sdn Bhd.
In a filing with Bursa Malaysia on Monday (Aug 28), the property developer said that UEM Sunrise South Africa had entered into a sale of shares and claims agreement with Azishe Properties Proprietary Ltd for the proposed divestment.
Total revenue of RM605 million; 76% from property development activities.
The group has been actively looking into investing in Perth for some time due to the city’s strong fundamentals underpinning the economy, a lower housing entry point and some of the best prospects for capital gains in Australia.
Senadi Hills 2A’s price starts from RM843,000 and is targeted for completion at the end of 2Q2025.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
