Share
KUALA LUMPUR (Aug 24): Fajarbaru Bulider Group Bhd has secured a RM108.03 million contract from Malton Bhd to develop the second phase of the Duta Park Residences high-rise residential project along Jalan Kuching.
The two-year contract is for the second phase of the project, the group said in a stock exchange filing. The first phase, awarded in June last year, was worth RM297.5 million.
The proposed high-rise development comprises three tower blocks: 46-storey Tower A, 49-storey Tower B, and 30-storey Tower C encompassing 536, 572 and 268 units respectively.
They are constructed on top of a three-level basement car park and a 10-level podium car park and facilities.
Shares of Fajarbaru closed 3.5 sen or 8.05% higher at 47 sen today, valuing the group at RM175.72 million. Year-to-date, the counter has risen 30.56%.
EdgeProp Malaysia Virtual Property Expo 2020 (VPEX 2020) is happening now! Find out more exclusive projects and exciting deals here
Stay safe. Keep updated on the latest news at www.EdgeProp.my
TOP PICKS BY EDGEPROP
Fairfield Residences, Tropicana Heights
Kajang, Selangor
Subang Jaya Industrial Estate
Subang Jaya, Selangor
Bandar Baru Sungai Buloh
Sungai Buloh, Selangor
Jardin Residences @ Bandar Seri Coalfields
Sungai Buloh, Selangor
Jardin Residences @ Bandar Seri Coalfields
Sungai Buloh, Selangor
Jardin Residences @ Bandar Seri Coalfields
Sungai Buloh, Selangor
