Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Friday, January 4, 2008

Mah Sing to develop RM158million Johor project

Developer Mah Sing Group Bhd plans to build properties worth some RM157.8 million on a piece of land that it is buying in Johor.

Mah Sing is buying 24 hectares of land in Skudai, Johor, for RM21 million, it said in a statement.

The land is located near the Iskandar Development Region and is less than two kilometres away from its township, Sri Pulai Perdana.

Mah Sing will call the new township Sri Pulai Perdana 2.

"The group is confident of tapping on the success and branding of its three on-going projects namely Sri Pulai Perdana (Skudai), Austin Perdana (Tebrau) and Sierra Perdana (Tebrau-Plentong)," it said in a statement.

With this new project, the group currently has 15 projects with a total gross development value of RM3.2 billion.

By New Straits Times

No comments: