Scientex got a reasonably good land deal, say analysts
Kenanga Research also noted that the price tag of RM9.33 psf is at a discount price to the asking price for agricultural land in the surrounding areas of between RM12 and RM13 psf.
Kenanga Research also noted that the price tag of RM9.33 psf is at a discount price to the asking price for agricultural land in the surrounding areas of between RM12 and RM13 psf.
Retail sales are expected to grow an average 7.1% in 1Q2024 from a year earlier, with growth in all sub-sectors, partly due to festivities and school holidays.
The SKL elevated highway is set to provide alternative routes for road users in the Klang Valley.
These efforts are aimed at improving connectivity, reducing travel time and creating new development corridors.
The sub-contract is expected to start on Monday (March 11) and to be completed within five months.
Hyatt Regency Kuala Lumpur at KL Midtown is expected to open in 2025, according to KL Midtown Sdn Bhd director David Khor during the topping out ceremony of Hyatt Regency Kuala Lumpur in Kuala Lumpur on Friday.
Former Fiabci Malaysia president Tengku Datuk Ab Aziz Tengku Mahmud has been elected president of the World Council of Developers/Investors in Fiabci International for a term of three years, starting June 2024 to May 2027.
Plastic products manufacturer Scientex Bhd is set to acquire land in Batang Berjuntai, Kuala Selangor, for a total of RM335.68 million to enhance its property development land bank.
The Urban Redevelopment Act is being drafted and once the Act is in force, there are 139 potential redevelopment sites within Kuala Lumpur that developers can bid for, according to Housing and Local Government Minister Nga Kor Ming.
The legal dispute between Star Media Group Bhd and JAKS Resources Bhd on the development of a parcel of land in Section 13, Petaling Jaya, has been reverted back to the High Court for trial.