Jalan Ampang Serviced Apartment Project
Sector: Commercial • Location: Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Source: EdgeProp
Paramount Corp Bhd is acquiring a 3.7-acre freehold commercial land parcel along Jalan Ampang from IOI Properties Group Bhd for RM257.9 million. The land will be developed into two blocks of high-end serviced apartments with an estimated gross development value (GDV) of RM1.1 billion. The development is targeted for launch by end-2026, with an estimated six-year completion target. The acquisition
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Paramount Corp Bhd is acquiring a 3.7-acre freehold commercial land parcel along Jalan Ampang from IOI Properties Group Bhd for RM257.9 million. The land will be developed into two blocks of high-end serviced apartments with an estimated gross development value (GDV) of RM1.1 billion. The development is targeted for launch by end-2026, with an estimated six-year completion target. The acquisition is funded through a combination of internal funds and bank borrowings. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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