Mah Sing acquires JB land for RM103.75mil

KUALA LUMPUR: Mah Sing Group Bhd’s wholly owned subsidiary Venice View Development Sdn Bhd has entered into a conditional sale and purchase agreement to acquire 40.4686 hectares (100 acres) for RM103.75 million.

Located in Johor, the site is about 400 metres from a June 2023 purchase of 30.63 ha (75.7 acres) known as M Tiara. This latest acquisition is estimated to have a gross development value of RM1.45 billion, Mah Sing said today. Amanah Raya Bhd is the vendor.