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Corporate, Property  |  JANUARY 21, 2016 5:01AM

Hap Seng to launch 2 projects with GDV of RM1.9 bil

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Menara Hap SengHap Seng Consolidated Bhd will launch two high-end projects in the Klang Valley this year with an estimated gross development value (GDV) of RM1.9 billion, executive director Cheah Yee Leng said.

She said the group will launch 598 units of serviced apartments in Jalan Tun Razak in February with more than RM1 billion in GDV and a mixed development in Balakong in the second half of this year.

“We are still finalising the project in Balakong. We expect it to be completed by 2020 with the development in Jalan Tun Razak to be completed by 2019,” she said.

Cheah was speaking to reporters after the signing of a deal in which education and consulting group Handal Group Malaysia purchased 10 shop lots at the D’Alpinia Business Park in Puchong from Hap Seng Land Sdn Bhd.



 
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