PETALING JAYA: MCT Bhd
is acquiring a 1.57-acre freehold plot of residential land at Seputeh, Kuala Lumpur, for RM58mil.
In a statement, MCT said it had entered into an agreement with HPC Development Sdn Bhd for the acquisition, marking the group’s first land deal of 2023.
“The land is strategically situated at the fringe of Kuala Lumpur’s central business district in a matured and affluent neighbourhood with readily available public amenities and infrastructure with excellent connectivity within the vicinity.
“It is located 2km from Mid Valley Megamall and approximately 8km from Kuala Lumpur City Centre and is accessible via Federal Highway and New Pantai Expressway.
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