TITIJAYA Land Bhd has signed 97 separate sale and purchase agreements with Bank Negara for the acquisition of five-storey, medium-cost flats in Subang Jaya, Selangor, amounting to RM44.5 million.
The plan is to redevelop the 97 two-bedroomed flats into mixed commercial properties, aligning with Titijaya Group’s growth strategy of expanding its land portfolio and investing in strategically located development properties within the Klang Valley.
The proposed acquisition is expected to synergize with the adjacent property, First Subang SS15 Courtyard. – TMR
Credit : THE MALAYSIA RESERVE
