The project, which has a tenure of 30 months from Sept 18, involves the main building works for DA Central Mall and The Arden office tower in property developer TA Global's 48-acre Damansara Avenue development in Bandar Sri Damansara.
The property developer is selling a 51% stake in Andaman Daya Sdn Bhd, which owns 58,308 square metres of leasehold land in Dengkil, to Sinar Pavilion Sdn Bhd, according to an exchange filing on Friday.
The house initiated coverage on the property developer with a ‘buy’ call and the highest target price on the street at 78 sen, a potential upside of 44% gain from the current price, citing solid earnings visibility from a heavy pipeline of projects over the next decade.
This soft opening of Majestic Labs marks a new phase for the 1,089-acre Eco Majestic township, which is planned to grow further with Labs 2 in the next three years, depending on market demand.
Chin Hin Group Property board adviser Ngian Siew Siong: Fancy, elaborate facades may look impressive in brochures, but multi-colour or protruding elements are hard to maintain, repaint, and can increase costs over time.
Ungku Iskandar urged policymakers and developers to adopt data-driven planning and a unified oversight to tackle housing and commercial oversupply.
Sime Darby Property group managing director and CEO Datuk Seri Azmir Merican: Through rooftop leasing, they can earn additional income without bearing the cost of installing solar panels.
This event showcases the vibrancy of Kuala Lumpur through Malaysian heritage experiences, artisanal showcases and digital engagement, alongside shopping rewards at BBCC KUALA LUMPUR (Sept 26): Eco World Development Group Bhd, in collaboration with Xiaohongshu, today launched the “吉隆坡薯你会玩” Cuti-Cuti Kuala Lumpur Red Dot Event—a month-long cultural and lifestyle celebration at Bukit Bintang City Centre (BBCC).
The Skies is a 42-storey serviced apartment development located on Jalan Cheras, comprising 303 units ranging from 550 to 800 sq ft.
The freehold project, launched in September 2024, comprises two- and three-storey shopoffices ranging from 3,520 sq ft to 9,504 sq ft.
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