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NCT Group inks JDA to develop 127-acre commercial and industrial land at Delapan SBEZ in Kedah

NCT Group of Companies will develop a 127-acre piece of commercial and industrial land into an industrial park at Delapan Special Border Economic Zone (SBEZ) in Bukit Kayu Hitam, Kedah after signing a joint development agreement (JDA) with Northern Gateway Group of Companies, a wholly-owned subsidiary of Ministry of Finance Inc, according to a press statement on May 15.

DONE DEAL: Condominium, Menara Bukit Ceylon, Bukit Ceylon, KL

Noteworthy:

  • Freehold
  • Built-up size: 1,485
  • Fully furnished
  • 3 bedrooms, 2 bathrooms
  • Nearby amenities: TERKL, KLCC Park, Petronas Twin Towers, Dataran Merdeka, LRT Masjid Jamek, Hang Tuah Monorail, Raja Chulan Monorail, Imbi Monorail, MRT Merdeka, LaLaport Bukit Bintang City Centre, Berjaya Times Square, Petaling Street, The Exchange TRX
  • Accessibility: Jalan Pudu, Jalan Raja Chulan, Jalan Sultan Ismail, Jalan Imbi, Jalan Tun Razak, Federal Route 1, AKLEH, MRR2

When: January 2024

1Q2024 property transactions up 34.3% to RM56.53 bil

The Malaysian property market was active in the first quarter of 2024 (1Q2024), recording a 34.3% growth compared to the first quarter a year ago with more than 104,297 transactions worth RM56.53 billion, a 34.3% jump in transaction value.