Thursday 15 March 2012

Selangor Dredging plans housing project with RM150m GDV in Gombak

KUALA LUMPUR (March 15): SELANGOR DREDGING BHD [] plans to launch a housing project with an estimated gross development value of RM150 million in Gombak.

It is buying three pieces of leasehold land measuring nearly 36,000 sq metres from Superior Dignity Sdn. Bhd for RM34.50 million. The leases of the land to be acquired will expire between 2069 and 2071.

“Selangor Dredging’s unit SDB PROPERTIES [] Sdn Bhd has initiated application for a development order (DO) to develop the said lands with 79 units of superlink terraces and 35 units of medium cost apartments. The valid DO has yet to be obtained from the relevant authorities,” it said.

It said the pieces of land were located in the centre of the Melawati communities and surrounded by amenities including Jusco Shopping Centre, Giant and Carrefour Hypermarket, Ampang Point, Melawati Urban Square and KLSC 2.



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...