News by Edgeprop.my

For the nine months ended Sept 30, 2024 (3Q2024), S P Setia Bhd reported a profit before tax (PBT) of RM853 million.

Radium Development Bhd, through its indirect wholly-owned subsidiary Radium J Velodrome Sdn Bhd, has entered into a conditional sale and purchase agreement to acquire three parcels of contiguous leasehold land in Cheras for RM458 million.

S P Setia Bhd clinched two key awards at The Edge Property Excellence Awards (TEPEA) 2024 held at the Mandarin Oriental Kuala Lumpur on Nov 11.

Bayan 2 boasts a prime position at the start of Puchong, providing easy access to major highways including the Damansara-Puchong Highway (LDP) and Shah Alam Expressway (Kesas).

Eastern & Oriental Bhd (E&O) has launched the first phase of the masterplan for its Andaman Island development. Spanning 760 acres of reclaimed land off the coast of the northeastern corner of Penang island, the mega project, with an estimated RM60 billion gross development value (GDV), will be developed in two phases. 

UEM Sunrise Bhd achieved RM928.5 million in sales year-to-date, representing 93% of its RM1.0 billion full-year sales target, driven by project launches and strategic inventory management.

Radium Development Bhd saw revenue of RM48.5 million in its financial results for the third quarter of the fiscal year ending 2024 (3QFYE2024), reflecting a 3.6% increase compared to RM46.8 million in the same quarter last year.

Avaland Bhd has more than doubled its net profit to RM68.2 million in the nine months period ended Sept 30, 2024 (9M2024) from RM28.5 million in the previous corresponding period.

PropNex Malaysia is hosting another open house this weekend (Nov 23 and 24) to allow home hunters to feast their eyes on a number of landed properties (mainly bungalows, semidee units and town houses) located in Kuala Lumpur and Selangor.

Noteworthy:

• Leasehold
• Built-up size: 4,950 sq ft
• Land size: 1,650 sq ft
• 1 room, 1 bathroom
• Unfurnished
• Nearby amenities: LRT Bandar Puteri, IOI Mall Puchong, Columbia Asia Hospital - Puchong, Taman Wawasan Recreational Park, various residential areas
• Accessibility: LDP, NPE, KESAS, Federal Highway, ELITE

When: June 2024