Looking ahead, Sunway REIT Management Sdn Bhd — the manager of Sunway REIT — said it remains optimistic on the group’s outlook for FY2022, underpinned by strong growth in its retail segment, gradual recovery in the hotel segment and the new income contribution.
Sales came mainly from local projects, which contributed RM2.34 billion or approximately 87%, while international projects contributed another RM359 million or approximately 13% of sales.
“We hope to launch Noöra by the end of November, and we will be having a priority sale for our registrants,”
Lawyer Rajesh Nagarajan, representing Pertubuhan Pelindung Khazanah Alam (PEKA) and the Shah Alam Community Forest Society (SACF) said Judge Dr Shahnaz Sulaiman dismissed his clients’ application for leave for judicial review with no order as to costs.
The group said the project involves the development of 1,065 units of single-storey terraced and single-storey semi-detached housing, with 320 units in the first phase, 328 units in the second, and 417 units in the third phase.
Noteworthy:
When: June 2022
Co-founder and group chief executive officer Kashif Ansari said people are less concerned about real estate because prices have been stable this year, and there is a sufficient pipeline of new properties.
“We have learnt about how capable the portal is and the platform and tools that come with it. That is why we have decided to work with EdgeProp.”
Talks of the government wanting to promote second-generational loans or dual-generation housing loans are rife, but what is the cost to the rakyat?
Noteworthy:
May 2022
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