Posted Jun 28, 2021, 10:58 PM
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Join Date: Mar 2004
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PAHANG
Lagenda Properties buys Kuantan land for RM1bil township project
By Farah Adilla June 23, 2021 @ 1:04pm
Quote:
KUALA LUMPUR: Lagenda Properties Bhd, via its wholly-owned LPB Development Sdn Bhd, is acquiring a 202.34 hectare land in Kuantan, Pahang for RM33 million.
The company intends to undertake a self-sustainable township development that offers a diverse mix of affordable housing and commercial buildings.
The estimated gross development value (GDV) is RM1 billion, and construction works are expected to start by 2023.
Lagenda managing director Datuk Jimmy Doh said the acquisition represented part of its continuous efforts to increase presence in more states in Malaysia by identifying viable landbanks for sustainable growth.
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https://www.nst.com.my/business/2021/06/...uys-kuantan-land-rm1bil-township-project
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