AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
PROPERTY developer Hua Yang Bhd plans to build a township in Kulaijaya Johor, with a gross development value of RM350 million, to expand.
It recently bought 56.3ha freehold land in Johor for RM35.15 million.
Located on both sides of the Skudai Pontian highway, the parcel of land is 1km away from Hua Yang's RM1.2 billion mixed development, Taman Pulai Indah.
The acquisition is Hua Yang's second land deal for the year. It sold a plot of land in Perak to Tesco for RM3.23 million earlier this year.
Developed in 2001, Taman Pulai Indah spans 193ha and is Hua Yang's flagship development in Johor.
"With the ongoing Iskandar Malaysia project, we …