Kerjaya Prospek buys Penang land

TheStar Tue, Dec 07, 2021 12:00am - 5 months View Original


In a filing with Bursa Malaysia, the group said the property will serve as land bank for Pixel Valley’s property development activities.

KUALA LUMPUR: Kerjaya Prospek Property Bhd’s unit Pixel Valley Sdn Bhd has entered into a purchase and development agreement with Aspen Vision City Sdn Bhd to acquire a tract of freehold land measuring about 1.97ha in Seberang Perai Selatan, Pulau Pinang, for RM27.57mil.

In a filing with Bursa Malaysia, the group said the property will serve as land bank for Pixel Valley’s property development activities.

It added that the property has been proposed for a mixed-use development comprising serviced apartments and commercial and retail lots.

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