It plans to develop the land into a mixed serviced apartment and commercial centre with a gross development value of RM160mil.
“This is part of our strategy to expand our operations in the Klang Valley with our developments in Sungai Besi, Selayang and now, Kuala Lumpur City Centre,” said CEO Ho Wen Yan in a statement yesterday.
For developments in the Klang Valley, he said the company's strategy was to develop vertical communities in the form of high-rise apartments, complete with a retail space for the convenience of residents.
By Bernama
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