KUALA LUMPUR: HUA YANG BHD [] has acquired 1.55 acres of prime land in the Desa Pandan Commercial Centre in Kuala Lumpur and plans to undertake a property project with an estimated RM160 million in gross development value.
It said on Wednesday, May 11 the parcel of land is opposite the Royal Selangor Golf Club and minutes away from Jalan Tun Razak would be the site for its proposed mixed serviced apartment and commercial centre. It is acquiring the parcel of land for RM32 million from U Thant Square Sdn Bhd.
Its chief executive officer Ho Wen Yan said this was part of the overall group strategy to expand its operations in the Klang Valley, with its developments in Sungai Besi, Selayang and now, Kuala Lumpur City Centre.
'We are looking at a modern lifestyle concept for the project with club facilities and amenities ' suitable for city dwellers who enjoy the sights and sounds of the city,' he said.
He said the prime land will be developed into a mixture of studio units and one and two-bedroom apartments.
It said on Wednesday, May 11 the parcel of land is opposite the Royal Selangor Golf Club and minutes away from Jalan Tun Razak would be the site for its proposed mixed serviced apartment and commercial centre. It is acquiring the parcel of land for RM32 million from U Thant Square Sdn Bhd.
Its chief executive officer Ho Wen Yan said this was part of the overall group strategy to expand its operations in the Klang Valley, with its developments in Sungai Besi, Selayang and now, Kuala Lumpur City Centre.
'We are looking at a modern lifestyle concept for the project with club facilities and amenities ' suitable for city dwellers who enjoy the sights and sounds of the city,' he said.
He said the prime land will be developed into a mixture of studio units and one and two-bedroom apartments.
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