CapitaLand's restructuring exercise paves way for others to follow
CapitaLand’s proposal to split itself into two is meant to sharpen the group’s focus on strategic growth to create greater shareholder value
CapitaLand’s proposal to split itself into two is meant to sharpen the group’s focus on strategic growth to create greater shareholder value
Noteworthy:
● Freehold
● Built-up: 2,195 psf
● Four bedrooms; five bathrooms
● Fully-furnished high-floor unit
● Facilities: Infinity pool, Jacuzzi, sauna, gym, dance studio, BBQ area and concierge service
● Nearby amenities: Direct link bridge to Pavilion shopping mall, 1km away from Suria KLCC, Prince Court Medical Centre, Bukit Bintang shopping belt and Jalan Alor night food street market
When: Oct 2020
“There was another customer who insisted that the food be piping hot when she got it, saying she would complain to my company if it was not.”
A tower crane along the SUKE construction fell right on a car passing by.
Last year saw the closure of 35-year-old Parkson Holiday Plaza in Johor Bahru and the outlet in Terminal 1 Seremban. Both were reported to be “underperforming”.
Retail Group Malaysia’s (RGM) managing director Tan Hai Hsin: Recovery is highly dependent on the government’s ability to reduce the number of daily positive cases as well as government policies on movement restrictions and social distancing.
Aims to be “one of the major property developers in town, with a market capitalisation of RM500 million to RM700 million in the next three years”.
Prices of semidees continued to see healthy growth. The average transacted price climbed to RM1,006 psf in 9M2020, from RM995 psf in 2019.
The highly accessible area also provides selective eateries and essential retail items. It also houses private and international schools – Stella Maris School and Cempaka International School.
“Most buyers are existing residents – both owners and tenants – in Damansara Heights. Many of them are taking this opportunity to either own a property or get a bigger house to suit their growing family needs.”
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