It is buying the land for RM21.3mil, or RM37.79 per sq ft, from Flextronics Techology Sdn Bhd, the company said in a statement yesterday.
Mah Sing said the land would be used to develop iParc, a low-density industrial park with a gross development value of RM100mil.
“This type of semi-detached factories should be well-sought-after as nearby terraced factories are almost fully occupied,” Mah Sing group managing director-cum-group chief executive Tan Sri Leong Hoy Kum said.
The park will offer three-storey semi-detached factories with layout flexibility options priced from RM2.4mil. It is within the Bukit Jelutong Business and Technology Park.
Besides hosting hi-tech industries, it will also offer logistics warehousing and service facilities, given its accessibility to Sultan Abdul Aziz Shah Airport, Port Klang and KL International Airport.
Mah Sing has a total of 18 projects, including iParc, with an outstanding gross development value and unbilled sales of RM4.5bil in the Klang Valley, Penang and Johor Baru.
By The Star
The park will offer three-storey semi-detached factories with layout flexibility options priced from RM2.4mil. It is within the Bukit Jelutong Business and Technology Park.
Besides hosting hi-tech industries, it will also offer logistics warehousing and service facilities, given its accessibility to Sultan Abdul Aziz Shah Airport, Port Klang and KL International Airport.
Mah Sing has a total of 18 projects, including iParc, with an outstanding gross development value and unbilled sales of RM4.5bil in the Klang Valley, Penang and Johor Baru.
By The Star
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