• Home
  • Attractions
  • Hotels
  • Map & Misc
  • News
  • MM2H

Malacca Malaysia

All you need to know to enjoy your stay in Malacca Malaysia.

RM700m of OSK property projects in pipeline

Thursday, April 15, 2010

OSK Property Holdings Bhd plans to launch RM700 million worth of property projects this year, with the centrepiece being a condominium development in Cyberjaya.

The group recently bought two parcels of land in Cyberjaya, Selangor, for RM32.68 million and plans to develop the 5ha by the year-end. The gross development value (GDV) is expected to be RM300 million.

“This is our biggest development project this year. With the Maju Expressway, the distance from Cyberjaya to KLCC (Kuala Lumpur City Centre) only takes 25 minutes. This gives a lot of potential on the property demand in Cyberjaya,” executive director and chief operating officer Tan Boon Chuan said.

The property group will develop low-rise condominium units targeted at mid-range to high-end buyers. It is currently in talks with a few architects to finalise the concept and design.

OSK Property has a total landbank of 729ha with RM3.4 billion GDV. However, 83 per cent of that is in Sg Petani, Kedah.

This year, it will develop seven parcels of its land in Bandar Puteri Jaya in Sg Petani, Sutera Damansara, Seremban 3, Mont Jade Seremban, Bangi Lakehills Villa and in Jalan Yap Kwan Seng.

By Business Times

Posted by Kimberg at 7:55 PM 0 comments

Labels: Kuala Lumpur, Property Market


Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Travel & Property Posts

  • Travel to Malaysia
  • Bayu Ferringhi Condominiums
  • Oasis Serviced Suites, Ara Damansara
  • Ritze Perdana 2
  • Malaysia property cycle and how to mitigate its risk?
  • Buyers complain of prime units being taken up before launch
  • Glut dampens market value and rental of condos
  • Makings of a choice location
  • Property players concerned over new housing loan criteria proposal
  • TO BUY OR NOT TO BUY, THAT IS THE QUESTION

Index : Travel & Real Estate in Malaysia

  • Accommodation
  • Attractions
  • Featured
  • For Rent
  • For Sale
  • Hotels
  • Malacca News
  • Map & Misc
  • MM2H
  • News
  • Property
  • Real Estate Jokes

3 more pages…

  • About
  • Friends
  • Wallpapers

Search

Pages

  • Privacy Policy
  • Sitemap

Property Pages

  • All You Need to Know about Property Forums
  • Bombshell from Bank Negara – LTV of 70% for Third Residential Property and above
  • Property Agents/Negotiators – A Blessing and a Pain?
  • Pros and cons of selling a tenanted property
  • Real Estate Appraisal
  • Real Estate Bird Dogs
  • Robert Allen Multiple Streams of Income
  • The Role of Real Estate Agents
  • What to do with bad tenants

About

Malacca Malaysia Summarized

This site shows you Melaka Malaysia seen through the eyes of a retiree - Hantu Putih in Malay... - staying in Malaysia under the MM2H program: a 10 year multiple entry visa to Malaysia.

Malaysian are very friendly, Malaysia has no winter and you can stretch your European dollars even more in Melaka than in the capital Kuala Lumpur or in the MM2H town of preference: Penang.

Malaysia My 2nd Home

Malaysia My 2nd Home (MM2H) is a 10 year multiple entry tourist visa for retirees, planning to retire and buy property in Malaysia.

Read the latest news and updates about the Malaysia My 2nd Home Programme.

Travel to Penang

  • Destination Batu Ferringhi
  • Bayu Ferringhi Condominiums

© 2021 · Malacca Malaysia · Listed at : Local Business Directory - BTS Local Travel Travel & Leisure - Top Blogs Philippines

7ads6x98y