Transaction news in Mukim Petaling
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Kwasa Land seeks approval to turn 60 acres of commercial land in Kwasa Damansara into homes
Kwasa Land, an EPF subsidiary, plans to convert about 60 acres, or 13%, of commercial land in Kwasa Damansara into residential plots, pending local authority approval. The move aims to rebalance the township's master plan after market studies showed the commercial component was too high. The township targets over 60,000 residents in five years and 100,000 by 2050.
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LSH Capital, PNSB, Seriemas launch RM850mil Morib rejuvenation project
Lim Seong Hai Capital Berhad, together with Permodalan Negeri Selangor Berhad and Seriemas Development, has launched the Morib Rejuvenation Project in Kuala Langat, Selangor. The project will rejuvenate the Sri Morib Golf Course and develop a mixed-use project with a gross development value of RM850 million over 10 years.
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Shop at USJ Sentral 3 sold for RM3 million
A shop unit at USJ Sentral 3 in Subang Jaya, Selangor, was sold for RM3 million. The six-storey building attracted a buyer due to its strategic location and growth potential.
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Taman Titiwangsa bungalow rented for RM28,000
A bungalow in Taman Titiwangsa, Kuala Lumpur, was rented for RM28,000 per month. The tenant was attracted by its strategic location, spacious layout, and private pool. The property found a tenant after a month on the market.