Sunday, 6 April 2008
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Mayland plans RM1.2b KL, Johor projects

MALAYSIA LAND Properties Sdn Bhd (Mayland) will launch properties with a gross development value (GDV) in excess of RM1.2 billion in Kuala Lumpur and Johor this year.

The projects include Plaza Damas Phase 3 offices in Sri Hartamas (RM200 million), four serviced apartment blocks (RM600 million) in Sri Hartamas and Sri Putramas 3 on Jalan Kuching (RM300 million).

Group general manager Yap Boon Teck said two other projects will be launched in Johor, which include 400 units of townhouses and 2,000 units of serviced apartments in Mount Austin.

“Both these (Johor) projects will take off this year,” Yap said, adding that RM1.2 billion GDV does not include the Johor projects.

He was speaking to reporters at the signing and mock cheque presentation ceremony between Mayland and two of its b....

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