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Johnny Ong
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SkyWorld Development is buying a 25.9-acre plot of land in Batu Kawan, Penang, for RM48.51 million as part of a previously announced joint development project to build affordable housing in the state

https://theedgemalaysia.com/node/761851
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Hairul Rizal Ismail
13b for 25.9 acre..must be mega mall there
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Wayne
wouldnt be surprised if there is a commercial property for such a big land
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Johnny Ong
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SkyWorld, in partnership with PR1MA, launched the SkyAwani PRIMA Residences and successfully selected 492 homebuyers out of 3000 applicants

https://theedgemalaysia.com/node/763817
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Daren Ong
Cool~ This project provides financing for buyers to do interior also
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Randy Chew
This project offers Maybank MyDeco Financing which enabling buyers to obtain up to 120% financing—capped at RM250,000—including an extra 30% specifically for interior design, furnishings, and decoration.
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Coleman
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So many comment here, finally skyworld getting hot & hit 50 sen soon
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Crocodillo
breakout soon, keep monitoring
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Goh Thiam Huat
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New housing projects need to be comprehensive, complete with schools, says Anwar. He also praised the Rumah Bakat Madani project by SkyWorld Development Bhd for having unique elements, namely providing a 'central park' and a 'vertical school', in addition to being the first project in Malaysia to be built using 'prefabricated prefinished volumetric construction' technology.
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Donovan Ting
SkyWorld has been given the job of building 37,368 homes under the Rumah Bakat MADANI programme, of which 6,368 units in Seberang Jaya and 31,000 in Batu Kawan
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Druncola Ong
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SkyWorld Pearlmont is the first project under the Rumah Bakat MADANI housing scheme, which aims to help people from the B40 and M40 income groups. This launch marks an important step in providing affordable and sustainable homes for the people of Penang

https://www.businesstoday.com.my/2025/07/20/skyworld-pearlmont-housing-project-in-penang-brings-communities-closer/
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Wayne
plus is a guaranteed revenue stream
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Oliver
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Around 250+ acres of land still in pocket. Total GDV nearly RM20 billion. Can develop for years ahead.
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William
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Been hovering around 45 sen for a while. Not moving much yet, but if new project launches come, could see volume spike.
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JQ Tey
tomorrow penang
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Deepfake
as long got project & steady income no worries
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Donovan Ting
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SkyWorld has announced that it’s ending its MOU agreement in Vietnam. Looks like they’re shifting their focus back to the local market
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Damien Chok
No impact on share price and financial, all good all good
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Donovan Ting
They want to focus on more profitable local projects, such as the RM13 billion affordable housing development in Penang
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Wayne
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Breakout time?
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2 weeks · translate ·
Crocodillo
Soon, OPR decreased already sure will have price movement for property counters
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Lilly Ang
UOBKH expects the local property market to pick up again in the second half of 2025, thanks to lower interest rates
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Donovan Ting
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Skyworld also operates a Build to Rent (BTR) business to generate some recurring income
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3 weeks · translate ·
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Ying Fern Khoo
Its BTR division contributed less than 1% of revenue btw. They can't turn to REITs
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Donovan Ting
Pivot to REIT? If I remember correctly, property development companies are not eligible to be REIT
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