Australian-based property developer EXAL Group plans to have an “inclusive multi-generation living concept with bespoke aesthetics that will elevate the quality of life” in its SÓL Estate development in Kuching, Sarawak.
While many would have reservations about starting a business during a recession, the founder of Firdaus & Associates Group of Companies, Datuk Firdaus Musa decided kick off his property firm anyway.
The global real estate company stated that the Juwai IQI Exponential Convention and the Juwai IQI Festival 2023 are “set to be the largest real estate events in Malaysia this year, with around 6,000 members from around the world expected to attend”.
The increase in the revenue was mainly attributed by higher progress billings across key projects in the Klang Valley and Southern Region as well as higher property sales achieved during the financial period ended Dec 31, 2022.
Noteworthy:
November 2022
The total sales translated into revenue of RM4.45 billion and a profit before tax of RM564.1 million.
A custom-built house that used to belong to screen siren of the olden days aka the Golden Age of Hollywood, Zsa Zsa Gabor, and her sister Magda, is on the market for US$3.8 million.
The National House Buyers Association (HBA) acknowledges the challenges faced by the Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in the tabling of the revamped Budget 2023, in view of the post Covid-19 pandemic affecting the global and regional economies as well as the financial health of Malaysia.
The revised national Budget 2023 tabled by the 10th Prime Minister, Datuk Seri Anwar Ibrahim today unveiled the biggest ever allocation of RM388.1 billion, an upward revision from the RM372.3 billion budget announced on Oct 7, 2022.
The Real Estate and Housing Developers’ Association (Rehda) Malaysia supports the revamped Budget 2023 tabled today, which includes the measures aiming to assist the rakyat, while ensuring an inclusive and sustainable economic growth, its president Datuk NK Tong said.
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