News by E Jacqui Chan

The 5.6-acre development comprises three blocks of modern, multi-generational units.

The improved revenue was mainly attributed to stronger sales and progress billings from the Isola KLCC and PRIYA Scheme Kuantan developments, and initial contribution from the group’s recently soft-launched development, The Mate in Damansara Jaya. OCR also saw higher contributions from construction works for YOLO Signature Suites in 1QFY20.

The majority of the respondents of CBRE’s latest Asia-Pacific Cap Rate Flash survey expected investment enquiries to return to normal in the next three to six months, indicating a gradual increase in the number of transactions in the coming quarters.

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