Lagenda buys Kuantan land for RM33mil


It said in a filing with Bursa Malaysia that the land is situated off Jalan Kuantan-Pekan, about 16km due southwest of Kuantan town centre.

KUALA LUMPUR: Lagenda Properties Bhd and its subsidiary has entered into a conditional sales and purchase agreement with SST Development Sdn Bhd for the purchase of a 2.03 million-sq-ft parcel of leasehold land in Mukim Penor, Kuantan, for RM33mil.

It said in a filing with Bursa Malaysia that the land is situated off Jalan Kuantan-Pekan, about 16km due southwest of Kuantan town centre.

Lagenda said it plans to undertake a sustainable affordable township development with a diverse mix of affordable housing and commercial buildings, supported by infrastructure as well as a variety of facilities and public amenities.

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