Avaland pays RM86m for Taman U-Thant land, targets RM700m GDV luxury high-rise

PETALING JAYA (April 29): Avaland Bhd is expanding its footprint in Kuala Lumpur's luxury residential segment, with its indirect wholly-owned subsidiary Nexus Advertising Sdn Bhd (NASB) signing a conditional sale and purchase agreement (SPA) yesterday (April 28) to acquire three adjoining parcels of freehold development land in the prestigious Taman U-Thant embassy enclave for RM86,039,000, according to its announcement on Bursa Malaysia.

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Malton launches RM400m Mutiara Lake Puchong, its final project in Puchong

PETALING JAYA (April 28): Malton Bhd has officially launched Mutiara Lake Puchong, a 34-storey lakefront condominium in Puchong town centre, Selangor with a gross development value (GDV) of RM400 million — marking the developer's final residential project in the area following a decades-long track record in the township.

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