Sime Darby Property to acquire 760 acres of land from Sime Darby for RM280m
Sime Darby Property said the proposed acquisition is imperative for the group in securing strategic land banks for its development pipeline in Malaysia Vision Valley.
Sime Darby Property said the proposed acquisition is imperative for the group in securing strategic land banks for its development pipeline in Malaysia Vision Valley.
Perdana ParkCity chief operating officer Tai Choon Seng said that with ParkCity’s high standard of project management system, Crest Builder has demonstrated a very strong commitment, as well as the spirit of collaboration and cooperation with our team in ensuring the good quality of workmanship and timely completion of the project.
Commenting on the outlook of the property market, Fateh Iskandar said the current market condition remained challenging as most buyers are taking a wait-and-see approach.
Lee will play the role of Sabah Tourism Ambassador until December next year.
Malaysia reported 6,148 new Covid-19 cases today, higher than 5,726 cases yesterday (Oct 26).
"Downside risks: weak tenancy renewals, prolonged negative rental reversion, and a spike in Covid-19 infections,” said the report.
Hamilton City will be developed over four phases whereby Phases 1, 2 and 4 will be focusing on medium and heavy industrial activities, while Phase 3 will be specifically developed for light industry comprising detached and semi-detached factories with a managed industrial park concept.
Developed by S P Setia, D’Network was awarded for its energy conservation measures in place for its small scale and self-sufficient F&B outlets that are nestled in greenery. It was also commended for its light effects at the musical fountain and how the lake and park create a focal point for the project.
According to Norway-based independent energy research and business intelligence company Rystad Energy, commodity price inflation and supply chain bottlenecks could lead to the postponement or even cancellation of some of these projects, impacting demand and consumer pricing for solar-generated power.
Noteworthy:
● Leasehold
● Land size: 2,904 sq ft
● Built-up: 10,273 sq ft
● 4.5-storey corner unit
● Surrounded by Ampang Point Shopping Centre, hospitals, schools and high-rise residential projects
When: May 2021