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Sunday 13 November 2011

UM Land - Iskandar Real Estate A Good Deal

United Malayan Land UM Land, proposed to acquire Iskandar Malaysia Johor land through the purchase of Tentu Teguh Sdn Bhd thus expanding its landbank at a low price of RM 4 per sq. ft.

The property development company announced to Bursa Malaysia that it had entered into a conditional share sale agreement with Tentu Teguh Sdn Bhd for RM10.98 million.

The land is within close proximity of Bandar Seri Alam and surroundin developments which include Taman Scientex,  Bandar Bistari Perdana, Kota Masai and Lakehill Resort City.