The group plans to launch new projects in Shah Alam and Damansara Damai in calendar year 2025, with a combined estimated gross development value (GDV) of RM700 million.
As of Nov 5, the company's issued share capital stood at RM961.
Housing and Local Government Minister Nga Kor Ming explained that the scheme, designed for applicants or potential buyers who cannot secure financing from financial institutions, is part of a proactive effort by the Ministry of Housing and Local Government to promote gradual homeownership.
During the quarter under review, YTL Power’s power generation business recorded a 27.
Its property development segment also saw an increase in operating profit to RM37 million from RM25 million a year ago, as revenue rose to RM384 million from RM240 million.
Excluding the exceptional losses, net profit for 4QFY2024 would be RM286 million, according to KLK.
Current demand for properties is primarily driven by local buyers, E&O managing director Kok Tuck Cheong told reporters after the release of the group's results for the second quarter ended Sept 30, 2024 (2QFY2025).
DONE DEAL: Shop, Aurora Place, Bukit Jalil, Kuala Lumpur DONE DEAL: Shop, Taman Puchong Intan, Puchong, Selangor Average transacted prices for properties in Desa ParkCity have seen an increase of approximately 61.
Each unit offers a layout with a minimum built-up area of 1,867 sq ft, “providing a practical and open concept layout that invites customisation and personalisation.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT) — declared a dividend of 9.
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