News by Chin Wai Lun

“The market sentiment has gradually improved and as a result, our sales also increased tremendously… With the positive outlook of the property sector and gradually improving market sentiment, we will continue to launch more projects in the coming months to continue increasing our sales.”

Built on a 4.3-acre land with a total estimated gross development value (GDV) of RM66.92 million, Irina comprises 394 units with built-ups ranging from 750 sq ft to 1,000 sq ft. The project is expected to be completed in 2023.

屋主一直居住于此，对这间公寓细心照顾。从这个单位可眺望吉隆坡的景观，这也是租户决定租下这个单位的原因之一。

Homeowner: This is a great gift and historical moment for my family as we have waited 21 years for this house. Although the project was abandoned, all the homeowners still have to service the loan because we don’t want to be declared bankrupt.

The low density freehold landed property development comprises 219-unit single-storey terraced houses. Built-ups of the units range from 1,098 sq ft to 1,333 sq ft.

“This is a significant milestone for us and the surrounding communities. Not only is Orbix a bi-lingual (English and Mandarin) school that offers a comprehensive and holistic curricula, exposure to Artificial Intelligence (AI) and robotics is bound to spark curiosity and so applying them in their education syllabus can be an incredibly powerful learning tool," said Mitraland Group chairman Datuk Johan Ariffin.

These projects are in Dengkil in Negeri Sembilan, Bandar Puncak Alam in Selangor, Batu Pahat in Johor, Cameron Highlands and Genting Highlands in Pahang. 

LBS said the company has achieved RM780 million in sales, hence the RM1 billion target is achievable. And with the ongoing sales momentum, perhaps the original sales target (of RM1.6 billion) can be met as well.

It differs from other cloud kitchen establishments in the country as it serves as a platform for budding entrepreneurs looking to dabble in the F&B industry.

Rented for: RM12,800 (RM 3.45 psf per month); Concluded by: Kevin Teh (REN 02206) (013-5557333) of Propstar Realty; When: December 2019