Greater Kota Kinabalu

02/05/2020

❗️❗️富人的不一样❗️❗️ ❗️❗️Rich vs Poor❗️❗️ ❓ 富人和你想的一样吗❓ 👇请看影片👇 请给意见，或告诉我你想什么主题的短片？ 谢谢观赏 #...

13/02/2020

Finally Sutera Avenue Bridge is Up 👆

02/11/2018

03/08/2018

There is nothing more important than a good, safe, secure home

21/06/2018

What is that ??? 🤔🤔🤔

04/05/2018

找亮點🤗🤗🤗🤗

Spiderman in Damai

26/02/2018

UMS hospital will be launch soon. Expected to be equipped with 400 beds costing RM500 million on a 60 acres of land.

16/01/2018

16/01/2018

07/11/2017

⭕️Upcoming Project for mixed-commercial development consisting of a 28-storey three-star hotel and 28 storeys of hotel suites will be construct in Gaya Street by 1st Quarter Next Year 2018!

⭕️Eastland Equity Bhd has proposed a renounceable rights issue of up to 294.8 million shares with up to 147.4 million free detachable warrants to fund the acquisition of development land in Kota Kinabalu.

⭕️According to the group's filing with Bursa Malaysia, the issuance has an indicative price of 13.5 sen per rights share on the basis of six rights shares for every five Eastland shares and one warrant for every two rights shares subscribed for.

⭕️According to Eastland, the proceeds of the issuance will go towards the proposed acquisition of 2,181.8sqm of leashold development land in Kota Kinabalu, with any excess funds going towards the repayment of bank borrowings and working capital.

⭕️In the same filing, Eastland informed that its unit, FBO Land (Setapak) Sdn Bhd, had entered into a conditional sales and purchase agreement with property developer PCK Properties Sdn Bhd for the cash purchase of the land for RM23.26mil.

⭕️According to Eastland, the land is a commercial property within Kota Kinabalu Central Business District, which accommodates prime office buildings, commercial shop houses, shopping complexes and notable hotel establishments.

⭕️The land has been approved for a proposed mixed-commercial development consisting of a 28-storey three-star hotel and 28 storeys of hotel suites with four levels of retails lots, six levels of multi-storey carpark and a basement.

⭕️The project has an estimated gross development value of RM356.92mil and gross development cost of RM282.05mil. It is targeted to commence in the first quarter of 2018, and is expected to contribute positively to the earnings of the group.

⭕️"The Proposed Acquisition is in line with Eastland’s strategy to diversify its property development into new geographical areas," said Eastland.

⭕️"The Board is of the view that the prospects of the Proposed Development is good due to the strategic location of the Land within the high-growth area of central Kota Kinabalu and its close proximity to the main tourist attractions such as Sabah’s popular Sunday market."

Resource :
The Star Online

https://www.thestar.com.my/business/business-news/2017/11/06/eastland-proposes-rights-issue-to-fund-rm23m-land-acquisition/

14/10/2017

04/10/2017

💢Upcoming Seminar :-

⭕️Topic - Airbnb Challenges⭕️

📌STOPs and MIEA have jointly organized this seminar to address a much debated issue on residential condos to be utilised as Service Apartments (Airbnb) in recent months.

📌This seminar will examine the existing laws in Sabah pertaining to the legal usage of residential property for daily or weekly rentals to tourists by the practicing Senior lawyer Mr Christopher Chin.

📌Main Organiser also invited Ms Sally Edward Ghani, Head of the Architectural dept of DBKK to speak on this subject relating to development approval, licensing and enforcement.

🔎For further enquiries and seminar tickets, kindly contact:

📞Nuvita: 0128287711
📞Tan: 0128035318
📞Ken: 0127776989
📞Patsy: 0198209728