“The land acquisition of M Astra is timely as we foresee that the recovery of property market is gaining momentum and we wanted to be ready to seize the opportunity to meet the home buyers’ need for affordably priced projects, ” said Mah Sing founder and group managing director Tan Sri Leong Hoy Kum.(pic)
KUALA LUMPUR: Mah Sing Group Bhd
is buying five acres of leasehold land in Setapak, Kuala Lumpur, for RM89mil, marking the group’s second land deal this year.
The land has three frontages facing Jalan Usahawan 5, Jalan Kilang and Jalan Usahawan 6, and is 600m off Jalan Genting Kelang which is a major trunk road.
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