Playing the long game

TheEdge Sun, Mar 17, 2024 09:30am - 1 month View Original


KUALA LUMPUR (March 17): Since trimming its portfolio in Malaysia and shifting its focus to Australia a few years ago, Mulpha International Bhd now plans to ramp up activities in its Leisure Farm township in Johor. This is in tandem with the announcement of the Special Economic Zone, Special Financial Zone, the proposed Light Rail Transit (LRT) project and the possible revival of the Singapore-Malaysia high-speed rail, says general manager Marc Lee. Chief executive officer Greg Shaw also shares that Mulpha International has ventured into hospitality technology to strengthen its hotel operations as well.

We also give an update on the current progress of S P Setia Bhd’s Setia Eco Park township in Shah Alam. In the third quarter of 2024 (3Q2024), the developer is set to launch three new projects in the township, which are Amethea (semi-detached homes in Precinct Arundina), the final phase of Precinct Tropika (bungalows), and the second phase of Robin Cove (bungalows in Precinct Nusantara).  

In the same issue, The Edge Malaysia | Nawawi Tie Leung Penang Housing Property Market for 4Q2023 revealed that while Penang Property market has been active, it is still recovering post-pandemic.

Lastly, we cover Think City Sdn Bhd’s effort in revitalising downtown Kuala Lumpur through the Kuala Lumpur Creative & Cultural District (KLCCD) Strategic Master Plan developed in 2019. 

Read all this in City & Country, in the March 18 issue of The Edge Malaysia weekly.

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Related Stocks

MULPHA 2.360
SPSETIA 1.450

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