” … proposed components for Phase One will include 500 units of landed double-storey link homes with estimated built-up of 1,800 sq ft, 2,400 sq ft, and 2,600 sq ft, indicatively priced from below RM400,000″
Mah Sing completes Bandar Meridin East acquisition
KUALA LUMPUR: Mah Sing Group Bhd has completed the acquisition of Bandar Meridin East in Pasir Gudang, Johor, which has an estimated gross development value (GDV) of RM5 billion.
The property developer said the freehold land was bought at RM6.81 per sq ft (psf).
In a statement issued yesterday, Mah Sing said it intends to tap the group’s expertise in township master planning.
“Subject to approval by the relevant authorities, proposed components for Phase One will include 500 units of landed double-storey link homes with estimated built-up of 1,800 sq ft, 2,400 sq ft, and 2,600 sq ft, indicatively priced from below RM400,000,” it said.
“Registration of interest is underway for Phase One with preview targeted in November,” the company added.
Bandar Meridin East is Mah Sing’s fifth township in Johor.
Read from the source here.
