The properties, located on levels five and six of Ho Hup Tower in Plaza Bukit Jalil, are being sold to Premium Realty Sdn Bhd and Sensecube Sdn Bhd respectively, both of which are wholly owned units of Insas.
The job involves the construction of four blocks of apartments of between 30 and 37 storeys high and one block of a five-storey podium with shop offices.
TRX Residences has staked a prominent claim in the nation’s capital city’s skyline with its unmistakable curtain wall façade and skybridge.
Unlike the conventional cross-subsidy model to provide affordable housing, where private developers and free-market house buyers are always on the “losing side”, a fairer resource allocation can be achieved through the “Madani Credits” system.
The company told Bursa Malaysia on Thursday that its audit committee convened a meeting on March 25 to receive an update from Messrs UHY on the draft special independent review (SIR) report.
Mont’Kiara SOVO unit with rental yield above 5% sold | DONE DEAL 3 plots of industrial land in Melaka sold in one deal | DONE DEAL Between 2020 to 2024, Westside III at Desa ParkCity saw a transaction volume of 96 listings sold, with a transaction value of RM131 million.
Investigations are ongoing, with authorities yet to confirm whether excavation work contributed to the fire.
Last month, LSH and the Federal Lands Commissioner formalised a 20-year concession and lease agreement until end-March 2045, to manage, operate and maintain the tower.
The group said it expects the rghts issue of one new share for every two shares held at 20 sen per share, totalling 273.
The property, which has a land area of 179,369 sq ft with a net lettable area of 67,506 sq ft, is located at the Senawang Industrial Park.
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