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S P Setia announces land sale of approximately 500 acres in Semenyih for RM392m

S P Setia Bhd today announced that its wholly-owned subsidiary,Petaling Garden Sdn Bhd, has entered into inter-conditional sale and purchase agreements with Elite Park Development Sdn Bhd, Grand Prestige Development Sdn Bhd and Mestika Bistari Sdn Bhd, all three wholly owned by Mah Sing Group Bhd to dispose of approximately 500 acres of freehold land located in Glengowrie, Semenyih for a cash consideration of RM392 million.

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The shift towards Green Lending

Besides bank loans, venture capital has the potential to play a crucial role in driving green lending and sustainable development in the Malaysian property market.

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DONE DEAL: Factory, Petaling Jaya, Selangor

Noteworthy:

  • Freehold
  • Built-up size: 1,200 sq ft
  • 2 bedrooms, 2 bathrooms
  • Semi-furnished
  • Nearby amenities : convenience stores, schools, Amcorp Mall, Subang Parade, MRT Mutiara Damansara
  • Accessibility : NKVE highway, North-South Expressway, Damansara-Puchong Expressway (LDP)

When: March 2023

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