"This is positive in our view, for the group to monetise the commercial assets more efficiently and redeploy the capital into the subsequent phases of Battersea Power Station."
New launches include semi-detached units in Denai Alam and double-story linked units in Elmina Green phase 1B.
“It has been taking some time and the process has been long and tedious.”
Shift to affordable sector, along with rising building costs, will put pressure on their earnings.
MIDF Research analyst Jessica Low Jze Tieng said the sales of high-end houses would have been affected from January 2018 onward with the proposed hike in stamp duty.
Scientex said the proposed land acquisition will enable it to boost and expand on its existing landbank in Johor.
The first issuance of the IMTNs is expected by the first quarter of 2018.
MK Land Holdings Bhd will focus on selling off unsold units from its completed projects worth up to RM362.9 million within the next two years.
MyHSR said it received its UIC membership during the 91st UIC General Assembly in Paris, France last week.
HCK Capital Group will benefit from the future development on the land, which will in turn broaden and expand its earnings base and improve its long-term growth prospects.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
