To pick up where Mahajaya let off. Mah Sing is taking over a property project of peer Mahajaya in Taman Damai Utama, Kinrara, Puchong, comprising 180 two- and two-and-a-half-storey link houses with an estimated GDV of RM100m. Mah Sing will pay Mahajaya RM35.4m progressively over 12 months for the project’s 7.59-acre land (net) that forms part of the fairly mature 274-acre Taman Damai Utama (with more than 700 units of residential and commercial properties already being sold and handed over to-date). The land comes with completed infrastructure as well as eight units of show houses. Since the launch by Mahajaya in Apr 2010, 53 units have been sold, while 27 units “booked”.
Mah Sing Group Berhad : To Take Over A Mahajaya’s Project In Kinrara - 6/7/2010
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