In a statement, Teladan Setia managing director Richard Teo Lay Ban (pic) said the three parcels of land are close to each other and the group aims to build landed residential properties priced from RM200,000 to RM400,000.
MELAKA: Teladan Setia Group Bhd
is buying 519.8 acres of land in Jasin, Melaka, from Eramaju Tegas Sdn Bhd for RM95.1mil.
The Melaka-based and Ace Market-listed property developer’s wholly-owned subsidiary, Asal Harta Sdn Bhd (AHSB), had entered into a conditional sale and purchase agreement for the three parcels of land.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
