SkyWorld Development may extend upward trajectory, says Rakuten Trade
“We expect the rising momentum to steer the stock to trend higher and test the next level of resistance of 67.
“We expect the rising momentum to steer the stock to trend higher and test the next level of resistance of 67.
A memorandum of understanding (MoU) was also signed between EcoWorld and GoldenHome Living Co Ltd to establish a strategic partnership in providing furniture such as kitchen cabinets, wardrobes and innovative product packages for EcoWorld’s residential, commercial and industrial developments.
The group’s Iskandar Malaysia projects outperformed strongly with RM723 million sales achieved, representing 57% of total year-to-date sales.
Following the distribution of RM144 million dividend during the first quarter of FY2024, the group still has a net cash balance of RM211 million as at Jan 31, 2024.
RHB Bank will offer a margin of 95% Green Home Financing for purchasers of The Vesta Residences and Curvo Residences, exceeding the conventional mortgage’s maximum margin of 90%.
The award was bestowed upon SkyWorld for its high-rise residential development, SkyAwani 3 Residences.
With a gross development value of RM255 million, Iconic Harmony will have 751 units in a 36-storey tower.
Each unit measures 800 sq ft and is priced at RM300,000.
The presentation shed light on changing residential preferences in Kajang, with transaction data showing a surge of more than twofold from 12% in 2010 to 28% in 2022 for high-rise properties.