Wednesday, October 5, 2011

Mah Sing plans Rawang township, GDV RM948m

KUALA LUMPUR: MAH SING GROUP BHD [] plans a lifestyle township in Rawang with an estimate gross development value (GDV) of RM948 million.

It said on Wednesday, Oct 5 it was acquiring Semai Meranti Sdn Bhd which owns 225.7 acres of freehold within the Northern Growth Corridor in Rawang, for RM57 million.

'The land will be developed into a lifestyle township with an estimated GDV of approximately RM948 million, offering beginner homes priced from RM390,000,' it said.

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