SHAH ALAM: The Selangor State Development Corp (PKNS) plans to develop more than 20 acres of land in Shah Alam over the next three to four years.
Its development controller for Northern Region, Noraida Mohd Yusof said PKNS will be focusing on high-end projects.
"We have some pockets of land in Sections 7, 16, 17 and 24 which we plan to develop high-end projects, depending on market demand," she told reporters at the sales launch of Puncak Tropika on Dec 16.
Puncak Tropika is a high-end development comprising 28 units of 3-storey semi-detached houses (with a built-ups 3,680 sq ft) priced between RM1.2 million to RM1.5 million.
The project is currently 80% completed and will be completed by April 2010.
Noraida also added that PKNS is looking for joint-venture partners to develop strategic landbank and its pockets of land in Shah Alam.
"We are currently in the process of looking for landbank in the Klang Valley as well as Ijok and Kuala Selangor," she said.
Articles from : http://www.theedgeproperty.com/news-a-views/1094-pkns-to-focus-on-high-end-projects-in-shah-alam-