Lagenda Properties’ moves to strategic location

Major acquisition: A file photo of the 3 Damansara development where Lagenda Properties’ new corporate headquarters will be located.

KUALA LUMPUR: Lagenda Properties Bhd’s RM52mil office tower acquisition in Petaling Jaya, which will be its new corporate headquarters, is set to provide a strategic base for the Perak-based group to springboard its expansion into other states as an affordable housing developer.

Managing director Datuk Jimmy Doh said the acquisition of the office tower aligns with Lagenda’s growth strategy as the group expands its presence and increases its headcount.