Melati Ehsan unveils Khaya Residences sales gallery
Khaya Residences will comprise 795 serviced apartment units in a 61-storey L-shaped block.
Khaya Residences will comprise 795 serviced apartment units in a 61-storey L-shaped block.
The IPO, indicatively priced at RM1 per share, comprises retail and institutional offerings, according to the prospectus unveiled on Friday.
Civil proceedings should be commenced to recover the millions in waived penalties, as the developer had unfairly benefitted from the sale of these properties and had obtained “unlawful enrichment”.
The building is proposed to stand 62 storeys tall, with service apartments taking up 35 floors, while the hotel takes up nine floors.
“Klebang is selected due to its strategic location within the Straits of Melaka Waterfront Economic Zone (SM-WEZ), which offers significant growth potential through its coastal accessibility, expanding infrastructure, and alignment with Melaka’s long-term economic transformation agenda,” stated LBS Bina.
Located within the Ibrahim International Business District (IIBD), the southern corridor’s core economic nucleus, Quayside JBCC is a 195-metre ultra-luxury freehold development, comprising 482 serviced suites, 24 commercial retail units and 200 hotel suites.
In an exchange filing, YNH Property said its wholly owned units Kar Sin Bhd and YNH Hospitality Sdn Bhd, together with RHB Trustees Bhd, the trustee of Sunway REIT, have mutually agreed to extend the conditional period of their sale and purchase agreement (SPA) signed on Jan 20, 2025.
The first phase of Halaman collection will feature two-storey dwellings in the form of 54 semi-detached homes and 16 bungalows, which will have an estimated gross development value of RM165.
Jalan Balau Damansara Heights bungalow sold for RM 7.
BPMB said the financing was evaluated using its Measuring Impact on National Development framework, which checks alignment with the 12th Malaysia Plan and ESG goals.