PETALING JAYA: Mah Sing Group Bhd
is making its sixth land purchase this year at a 20% price premium as it offered to buy S P Setia Bhd’s 5.99 acres of land in Johor Bahru for RM156.8mil.
The land would be developed into premium serviced apartments targeting Singaporeans and other foreign buyers, Malaysians working in Singapore and first-time homeowners.
