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Category: Press Release

Press Release

IOI Properties Group Ends FY2024 on a High Note

IOI Properties Group Berhad (“IOIPG” or “Group”) recorded a revenue of RM2.94 billion for
financial year 2024 (“FY2024”) which ended on 30 June 2024. The robust performance is attributed to stronger results across all segments. The property investment segment maintained its stellar performance with a commendable growth of 32%. The hospitality and leisure segment also grew by 26% driven by the contributions from Moxy Putrajaya, a 480-room hotel which opened its doors just before Chinese New Year and the newly acquired 150-room W Kuala Lumpur, which came onboard in February 2024.

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KL and Selangor Property

Gemala Residences Celebrates 7 Months Early Completion With A Qlassic Score of 80%

In July, Tropicana Corporation Berhad (“Tropicana”)  celebrated the 7 months early handover of vacant possession (“VP”) to 116 happy  homeowners of Gemala Residences in Tropicana Aman, the developer’s largest 863-acre self contained township at Kota Kemuning. Gemala Residences is a premium lakeside development within Tropicana Aman located on a 16-acre enclave featuring modern smart  homes for the tech-savvy offering peace-of-mind security within a guarded township.

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Press Release

YTL Cement Leads the Charge in Mobilising the Industry Towards Sustainable Construction

Evolving building regulations and shifting consumer expectations are redefining the baseline standards for construction practices today, calling for the adoption of sustainable construction. YTL Cement, Malaysia’s pioneer and largest building materials group, is leading the charge by partnering again with The Edge Malaysia to organise this year’s Sustainable Construction Symposium.
With an aim to mobilise the industry to progress together in adopting sustainable construction practices, the event attracted regional industry leaders, key players, and experts who came together to share best practices as well as explore innovative ideas and strategies to take sustainable construction to the next level.

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beige concrete house under cumulus cloud
Press Release

Juwai – IQI: TYPICAL MALAYSIAN HOMEOWNER IS RM136,716 RICHER AFTER 10 YEARS

Malaysia-headquartered real estate giant IQI today released data providing a comprehensive analysis of the financial returns to homeowners, revealing that Malaysians who own their own home have become significantly richer through home price growth.

Juwai IQI Co-Founder and Group CEO Kashif Ansari explained, “The median homeowner in Malaysia saw the value of their home climb by RM136,716 during the 10 years to 2023. That’s an increase of 42%. Median prices increased from RM330,427 in 2014 up to RM467,143 in 2023.

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