OSK Property to undertake commercial development with GDV of RM75m

KUALA LUMPUR (Sept 25): OSK Property Holdings Bhd announced that it has preliminary plans to undertake a commercial development with an estimated gross development value (GDV) of RM75 million on a parcel of land it just acquired in Bandar Sri Damansara, Sungai Buloh.

“Based on preliminary plans and subject to approval from the relevant authorities, OSKP proposes to undertake commercial development comprising of 167 units of small-office-flexible-suites and three levels of retail space with six levels of car park on the land,” it said in a filing to Bursa Malaysia Tuesday.

The property developer announced this evening, that it had entered into a sale and purchase agreement with United Accomplishment Sdn Bhd to acquire the parcel of freehold land located in Bandar Sri Damansara, Sungai Buloh for RM12 million.

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