Jentayu enters JV for RM78mil GDV condo project

KUALA LUMPUR: Jentayu Sustainables Bhd's wholly-owned subsidiary Ipmuda Properties Sdn Bhd is collaborating with Encorp Bhd's unit Encorp Development Sdn Bhd to develop a 10-storey condominium with an estimated gross development value of RM67.72mil.

In a statement, Jentayu said the proposed development located on a 1.6-acre leasehold land in Bukit Kepayan in Kota Kinabalu, Sabah, will comprise 78 units of type A and 88 units of type B condos with built-up areas of about 787 and 530 sq ft respectively.