Hartanah Selangor buys PJ land

Posted on | August 12, 2010

By BUSINESS TIMES

KUMPULAN Hartanah Selangor Bhd (KHSB) is buying two plots of leasehold land of 3.8ha in Petaling Jaya, Selangor, for about RM62 million. KHSB will pay RM45 million through borrowings, while the balance will be met from its own coffers.

The deal is subject to the approval of the state authority.

KHSB intends to develop serviced apartments, shop-offices and shopping complexes.

- Petaling Jaya Land

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