KUALA LUMPUR: Land & General Bhd aims to launch two new development projects in Shah Alam and Bandar Sri Damansara with a combined gross development value (GDV) of RM677 million.
Managing director Low Gay Teck said the Sri Damansara project will kickstart in the third quarter of next year for 732 units of serviced apartments ranging from 650 sqf to 950 sqf and priced from about RM500,000.
"The development would be on the Sri Damansara Club land which has been bought over spanning over 14 acres (5.7 hectares) of land.
"We believe that the development will perform well due to its prime location as well as being well connected to public transportation," he said at a press conference after the company's 57th annual general meeting today.
...