Mah Sing buys Kepong land for M Luna project

“This is our second land acquisition for 2019 and reflects Mah Sing’s ability to acquire reasonably priced prime land which is ready for a quick turnaround,” said Mah Sing founder and group managing director Tan Sri Leong Hoy Kum(pic) in a statement.

PETALING JAYA: Mah Sing Group Bhd has acquired a 5.47-acre tract of land in Taman Metropolitan, Kepong for the development of the M Luna serviced apartments project.

The piece of land, which was purchased for about RM94.8mil, will eventually see the development of the serviced apartments with a RM705mil gross development value (GDV).