Kerjaya Prospek Property to purchase land in Seberang Perai for RM27.57mil


KUALA LUMPUR: Kerjaya Prospek Property Bhd’s unit Pixel Valley Sdn Bhd has entered right into a purchase and improvement settlement with Aspen Vision City Sdn Bhd to purchase a tract of freehold land measuring about 1.97ha in Seberang Perai Selatan in Pulau Pinang for RM27.57mil.

In a bourse submitting, the group mentioned the property will function landbank for Pixel Valley’s property improvement actions.

It added that the property has been proposed for a mixed-use improvement comprising serviced residences and a few business and retail heaps.

However, it mentioned the anticipated gross improvement worth and improvement prices for the challenge have but to be decided.

The proposed acquisition of the land is predicted to be accomplished inside 90 days from the unconditional date, which is predicted to be accomplished by July 2022.

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