MCT targets GDV of RM500mil with land buy

TheStar Thu, Mar 02, 2023 12:00am - 3 months View Original

PETALING JAYA: MCT Bhd has proposed to acquire three contiguous parcels of freehold residential land totalling 3.9 acres in Taman Desa, Kuala Lumpur for RM64.6mil.

In a statement, the property developer said the land was 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 three kms from Mid Valley Megamall and approximately 11kms from Kuala Lumpur City Centre and is accessible via Old Klang Road, the Federal Highway and the New Pantai Expressway.

In addition, MCT said the land was close to the planned Bandar Malaysia project, an integrated transit-oriented development.


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