News by EDGEPROP.MY

In conjunction with its 50th anniversary celebration, S P Setia Bhd has launched the Setia Homefest sales carnival in selected sales galleries nationwide until Sept 17.

OSK Foundation (OSKF) has inked a MoU with Women’s Institute of Management (WIM) to empower underserved women in Malaysia.

Noteworthy:

• Freehold
• Built-up size: 2,440 sq ft
• Land size: 2,200 sq ft
• 4 bedrooms, 3 bathrooms
• Nearby amenities: MRT Pusat Bandar Damansara, MRT Semantan, Damansara City Mall (DC Mall), Pavilion Damansara Heights, The Five @ Semantan, HELP University, Cempaka International School Damansara Heights, Stella Maris International School Medan Damansara
• Accessibility: SPRINT — Damansara Link and Kerinchi Link, LDP, MRR1, Jalan Tuanku Abdul Halim, Jalan Semantan, Jalan Damanlela, Jalan Duta-Sungai Buloh Highway

When: July 2024

S P Setia Bhd today announced that for the six months ended June 30, 2024, the group’s total net profit after tax reached RM404 million, an increase from last year’s profit of RM121 million, as it gained RM361 million profit from strategic monetisation of its landbank in Taman Pelangi Indah 2, Johor and Glengowrie, Semenyih.

Noteworthy:

• Freehold
• Built-up size: 4,950 sq ft
• Land size: 1,650 sq ft
• 6 bathrooms
• Fully furnished
• Nearby amenities: National Stadium Bukit Jalil, Selangor Turf Club, MRT Serdang Raya Utara, MRT Serdang Raya Selatan, MRT Serdang Jaya, Bukit Serdang Industrial Park, The Mines Shopping Mall, South City Plaza
• Accessibility: MEX, KL-Seremban Expressway, North-South Expressway, KESAS, Bukit Jalil Highway

When: April 2024

“The introduction of this well-known supermarket chain is anticipated to significantly enhance the living experience not only for Se.duduk D’ Kajang residents but also for the surrounding neighbourhoods.”

OSK Property yesterday unveiled Assure+ — a comprehensive insurance protection plan designed exclusively for OSK property homebuyers. Assure+ was launched in collaboration with Dindings Corporate Insurance Agency and RHB Insurance Bhd.

Buildings that are not upgraded to meet sustainability requirements are at risk of losing tenants, which is a major concern for building owners.

International players continue to enter the Malaysian industrial market, driven by the global supply chain diversification strategy known as China Plus One, according to JLL Malaysia’s 2Q2024 Greater Kuala Lumpur Property Market Monitor, which was launched on Wednesday.

EdgeProp congratulated Chia Kah Fei, who had won the first round of the RM10,000 Cash Bonanza for EdgeProp START members. This came as a timely win for Chia, 33, who recently purchased his first home with his long-term girlfriend, Grace Seow.