Kerjaya Prospek Property buys land in Penang for RM28m

KUALA LUMPUR (Dec 6): Kerjaya Prospek Property Bhd (KPPROP) β€” via its wholly-owned subsidiary Pixel Valley Sdn Bhd β€” has acquired 1.97 hectares of freehold land in Seberang Perai Selatan, Penang from Aspen Vision City Sdn Bhd for RM27.57 million.

β€œThe proposed acquisition will enable KPPROP to focus on its core business of property development and to expand and strengthen its landbank size,” it said, adding that it plans to build a mixed-use development that features serviced apartments and some commercial or retail lots.

Current Luxury Project by Kerjaya Prospect Property Sdn Bhd In Penang Island

Source of news and information from : The Edge Markets

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