KUALA LUMPUR: OSK Property Holdings Bhd has proposed to purchase a commercial land in Petaling Jaya, Selangor, for RM12 million.
OSK said the acquisition will enable it to increase its existing property development land banks and strengthen its presence in the bustling development area northwest of Kuala Lumpur.
The company intends to develop the land which is situated inside a matured residential area of Bandar Sri Damansara by the third quarter of 2013.
By Business Times
Wednesday, September 26, 2012
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