News about myedgeprop

Tri-Mode said it is buying the land from Central Spectrum (M) Sdn Bhd, a company indirectly owned by Menteri Besar Selangor Incorporated.

The acquisition is part of Selangor Dredging’s ongoing effort to identify suitable properties for its land bank, the group said in a stock exchange filing on Tuesday.

The group said the consortium is led by Tokyo Star Bank Ltd and co-led by Okinawa Development Finance Corporation (ODFC) and Bank of The Ryukus.

The builder-cum-property developer said it expects to resolve the issue relating to the disclaimer of opinion within the next financial year.

The project is scheduled to commence on Nov 13, 2023 and to be completed by May 12, 2025 and contribute positively to the group’s future earnings over the duration of the LOA.

DONE DEAL: Terrace house, Taman Tan Yew Lai, Kuala Lumpur DONE DEAL: Terrace house, Tropicana Golf & Country Resort, Selangor Bukit Damansara is an upscale residential area nestled within bustling Kuala Lumpur.

The Local Government Development Ministry’s initiatives to assist affected homebuyers include issuing letters to confirm the status of the projects, to be presented by the buyer to financial institutions, and entities such as the Employees Provident Fund (EPF) and the Public Sector Home Financing Board (LPPSA).

The unit clinched the two-year contract from GDP X Properties Sdn Bhd and the project is expected to be completed by December 2025.

According to a joint statement, the co-investors have signed a sale and leaseback agreement with Osram Opto Semiconductors Sdn Bhd.

BTS would also mean buyers could decide based on the finished product, which would inadvertently lead to improved workmanship and material quality.