SCIP sells Johor land to Singapore partner

Aerial view of Sunway City Iskandar Puteri overlooking the Malaysia–Singapore Second Link.

PETALING JAYA: Johor is turning out to be a golden hunting ground for the Sunway Group, after it secured a deal yesterday that will see it disposing of two parcels of land spanning 64 acres in Sunway City Iskandar Puteri (SCIP).

The sale, estimated to be worth upwards of RM380mil and is tagging on the current white-hot data centre theme, would be to Singapore-based Equalbase Pte Ltd for the purpose of data centre development.