Lagenda Properties partners KHSB to build affordable homes in Selangor

KUALA LUMPUR: Lagenda Properties Berhad’s wholly-owned subsidiary, Blossom Eastland Sdn Bhd, has entered into a development joint venture with Kumpulan Hartanah Selangor Bhd (KHSB), a wholly-owned subsidiary of the Selangor State Government, to develop a 191 acres plot of development land located in Bernam Jaya, Selangor.

In a filing with Bursa Malaysia, Lagenda said it aimed to develop the land into an affordable township with over 2,000 units of affordable landed homes that are priced at below RM250,000.