PROPERTY developer Hua Yang Bhd has sold a piece of land in Bandar Universiti Seri Iskandar, Perak to British retailer Tesco Stores (Malaysia) Sdn Bhd for RM3.2 million.
The deal was done by Hua Yang's wholly-owned subsidiary Agro-Mod Industries Sdn Bhd.
The land measures 215,186.4 sq ft, Hua Yang said in a statement.
The 838-acre Bandar Universiti Seri Iskandar township was first developed in 1999 with a gross development value of RM616 million, to cater to the growing university student population of Perak.
By Business Times
Friday, March 13, 2009
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