The flood has affected over 120,000 people, train services were canceled, causing an estimated loss of around 176 million chinese yuan (RM114 million).
The government is under pressure as lockdowns are costing the economy about RM1 billion a day with only 10% of the population fully vaccinated.
The Olympic Games in Japan will be held without spectators at venues in and around the capital after a spike in Covid-19 infections.
Sunsuria founder and executive chairman Tan Sri Ter Leong Yap said the JVs “are part of the group’s strategy to enhance the value and vibrancy of Sunsuria City, its 525-acre integrated township development in Salak Tinggi, Putrajaya South”.
Report said some observers were “stumped that it [Media Prima] would be prepared to pay an additional 31% for the property in such a short period of time”.
The home is located in District 10 or the Bin Tong Park area
There will be 23 private residences up for sale, with prices ranging from US$388,000 (RM1.6 million) for hilltop lots and beach front lots from US$1.29 million
“The unhealthy practice of liquidators imposing exorbitant administrative fees up to 2% or 3% of the purchase price (or in some cases, current market value of the properties) for executing the transfer of individual titles to purchasers has now become a norm.”
Knight Frank (Greater China) director and head of research and consultancy Martin Wong: On the back of the huge pent-up travel demand in the post-Covid-19 era, coupled with the strong potential demand for both leisure and business travel generated by the Greater Bay Area initiative, the longer-term prospects for tourism in the Greater China region remain positive
“Moving forward, Berjaya Land will be unveiling more affordable housing projects that cater to the mass market. There are 250,000 people who are looking for affordable homes.”
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