News by theedgemarkets.com

According to a statement on Monday (Jan 31), Phase 1 of Dayana 2 has 93 units with a gross development value is RM41.7 million. The Dayana 2 double-storey linked homes are priced from RM517,888 and come with four bedrooms and three bathrooms, with built-up areas ranging from 1,764 to 1,846 sq ft. 

The developer announced an increased sales target of RM1.5 billion for 2022, with plans to launch projects worth RM3.3 billion in gross development value (GDV) totalling 3,526 units, which include activating the 1.3-acre site in Collingwood, Melbourne that was acquired back in 2020 to launch a mixed-development project with an estimated GDV of A$250 million (RM734.84 million).

According to the developer in a statement, this is to continue its efforts to assist Malaysians in owning affordable-range properties under the ongoing “LIFT OFF with Mah Sing” sales campaign.

According to a statement on Wednesday (Jan 26), UDA president and chief executive officer Mohd Salem Kailany said that the projects will be offered in the middle of this year. 

Astaka Holdings executive director and chief executive officer Khong Chung Lun said that this is the company’s second MoU for a joint development project this year. 

It is Mitsui Fudosan's first LaLaport mall in Southeast Asia, which is under its Malaysian subsidiary MFBBCC Retail Mall Sdn Bhd — a company among UDA Holdings Bhd, Eco World Development Group Bhd and the Employee Provident Fund.

“Tropicana Industrial Park is situated in a prime location and enjoys unparalleled connectivity. Investors will be pleased to know that we provide a whole host of infrastructure, conveniences, and facilities. We are confident the plots will see swift take-up,” Lee added. 

... on factors including rising fuel prices and discontinuation of electricity bill discounts by the government.

Its revenue, however, fell 34.49% to RM388.24 million from RM592.63 million a year ago. 

These assets are currently held by its subsidiaries.