News: Lagenda Properties, MajuPerak to jointly develop affordable housing project in Tapah

Sep 23, 2020

Lagenda Properties Bhd’s (LPB) fully owned subsidiary Taraf Nusantara Sdn Bhd (TNSB) has agreed to embark into an affordable housing project in Tapah with MajuPerak Holdings Bhd’s (Majuperak) subsidiary Tenaga Danawa Sdn Bhd (TDSB). Photo credit: mylagenda.my

Situated within Mukim Batang Padang, the project will sit on four parcels of land measuring 229.7 acres. It will feature 1,374 single-storey terrace homes, 264 double-storey shop houses and an office building.

TDSB intends to secure approval from the state government to relocate its government agencies to the office building within said land, reported The New Straits Times (NST).

The currently vacant land is strategically located in developed areas like Universiti Teknologi Mara’s Seri Iskandar campus and Bandar Baru Tapah.

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“With the relocation of the government agencies’ offices, we strongly believe that it will further enhance the potential and demand for both our development in the Land and UEM Tapah land,” said LPB managing director Doh Jee Ming as quoted by NST.

“These development projects strongly reflect the existing demand for affordable housing among consumers despite these challenging times.”

Previously known as D.B.E. Gurney Resources Bhd, LPB purchased a 623acre land from UEM Sunrise Bhd last month, which is located right next to the 229.7acre site. It also intends to build an affordable housing development on such site.

Altogether, LPB will have a total development area of 853 acres.

“The slated project is also aligned with our mission to continue providing affordable homes to Malaysians out there,” said Doh.

“We look forward to work with MajuPerak and hope to be involved in more affordable housing projects in near future.”

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Charis Lee
Senior Real Estate Negotiator
REN: 12547
CID REALTORS SDN BHD
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(+60) 19-5533121