Many owners still waiting for strata titles, some up to 20 years
This happens because developers either have not settled the land premium payments or have outstanding issues with the land office.
This happens because developers either have not settled the land premium payments or have outstanding issues with the land office.
Highlighting the promising development potential of the land, Scientex said the proposed acquisition presents an opportunity to create greater economic value and increase earnings potential over the medium to long term.
The two vacant leasehold plots measure a collective 72,840 sq ft.
The group plans to construct factories and covered warehouses on the land as part of its long-term plan to relocate some of its operations and existing tenants from its current location on Jalan Kapar.
“Strata-based developments are becoming more common in urban or semi-urban areas such as Kuala Selangor.
KUALA LUMPUR (Nov 2): Tropicana Corp Bhd has entered into a joint venture agreement with Puncak Alam Housing Sdn Bhd for the development of affordable homes on three parcels of leasehold land in Ijok, Kuala Selangor.
KUALA LUMPUR (July 16): Industrialised Building System (IBS) precast manufacturer MGB Bhd (formerly known as ML Global Bhd) has secured an RM215 million contract from its major shareholder LBS Bina Group Bhd's subsidiary to deliver the piling and building works for a housing development project in Kuala Selangor.
KUALA LUMPUR (June 15): The Ministry of Health (MoH) has detected a new cluster of old folks' home in Kuala Selangor after three positive cases were detected, said Health director-general Datuk Dr Noor Hisham Abdullah in a statement today.
Thinking of romantic outings with the special someone this Valentine season? Here are Tourism Selangor’s top 5 spots for a date to remember: 1) The Secret Garden Surprise your partner by taking them to the ‘secret garden’, a garden not like any other in Malaysia.
PUNCAK ALAM: Eco World Development Group Bhd (EcoWorld) is mulling the launch of a serviced apartment project at Eco Grandeur in Puncak Alam, Selangor, to cater to tourists’ accommodation needs in the Kuala Selangor area.