Petaling Jaya Section 13 Dutch Lady Disposed its Land

  • RM462/psf w building
Dutch Lady Milk Industries Bhd, Jalan 13/6, Pjs 13, Petaling Jaya, Selangor, Malaysia, Petaling Jaya
Mega Sale/Info
Dutch Lady Milk Industries Bhd, Jalan 13/6, Pjs 13, Petaling Jaya, Selangor, Malaysia, Petaling Jaya
  • RM462/psf w building

Overview

Property ID: PropM-110501
  • Commercial Development Land, Industrial
  • Property Type
  • 407178
  • sqft
  • Leasehold
  • Tenure

Description

Dutch Lady Industries Berhad has disposed 3 parcels of leasehold industrial land erected with buildings located at Seksyen 13, Petaling Jaya for a consideration of RM200M (RM462 psf) on 10 March 2021.

The 3 parcels of land identfied as Lot 78 (3.33 acres),79 (1.70 acres)  & 48 (4.90 acres), Section 13, Petaling Jaya, totaling about 9.93 acres with an unexpired term of 38-years interested erected with buildings. The lands habe been re-zoned for mixed commercial development designated for service apartments, purpose-built offices, hotels and other commercial developments.

The use of the gross cash proceeds of RM200 million will be reviewed and determined by the board by the end 2021, and may be utilised to finance the construction of its manufacturing facilities in Bandar Enstek.

DLMI has completed the purchase of three parcels of freehold industrial land in Bandar Baru Enstek, Negri Sembilan, for RM56.79 million cash.

The company will, from 2021, begin constructing manufacturing and warehousing facilities, support facilities and office facilities. It is planned for construction of the new facilities to be completed in three years.


 

 

  • Address Dutch Lady Milk Industries Bhd, Jalan 13/6, Pjs 13, Petaling Jaya, Selangor, Malaysia
  • City Petaling Jaya
  • State/county Selangor
  • Zip/Postal Code 46200

Details

Updated on July 7, 2021 at 1:31 am
  • Property ID: PropM-110501
  • Price: RM462/psf w building
  • Property Size: 407178 sqft
  • Property Type: Commercial Development Land, Industrial
  • Property Status: Mega Sale/Info
  • Tenure: Leasehold

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