MK Land plans RM2.2b new launches over 2 years

PETALING JAYA: MK Land Holdings Bhd plans new launches worth RM2.2 billion over the next two years in Damansara Perdana and Damansara Damai in Selangor and Ipoh, Perak.

“The launches are currently awaiting approval from the local authorities,” group chief executive officer Lau Shu Chuan told reporters after the company’s annual general meeting here yesterday. He said MK Land is still focusing on the Klang Valley, with semi-detached residential projects called [email protected], [email protected] and [email protected] in Damansara Perdana.

In Damansara Damai, MK Land has a condominium project with units costing a relatively affordable RM500,000 each, while in Ipoh it has single- and double-storey landed residences costing between RM200,000 and RM400,000,” he said. — Bernama

This article first appeared in The Edge Financial Daily, on November 28, 2014.