KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.4 acres of freehold land in Sri Petaling, for RM61.06 millio

“The land is expected to be used for mixed development with a residential focus complemented by some commercial elements. The total gross development value is estimated to be RM1 billion,” the group said in a filing with Bursa Malaysia.

UOA Development said it will pay cash from internally-generated funds for the acquisition of Cosmo Housing Development Sdn Bhd.

It added that the acquisition is expected to contribute positively to its earnings when the development of the land commences.


UOA Development's share price closed up four sen or 1.56% at RM2.61 yesterday, with a market capitalisation of RM4.49 billion. — theedgemarkets.com
source from: https://www.edgeprop.my/content/1286628/uoa...xed-development

Interesting topic, sri petaling with freehold land

if selling price at 600psf * 650sf = 390k good price. Would you think 600psf possible ?

that is the only wan like the landed next door, if you coming back from la salle primary school have u turn at kuchai exchange traffic light, dont think there is access from the salak south

For UOA project dont expect what facilities, what kitchen cabinet and freebies but can confirm that OUA workmanship practical layout and get the key on time.

good place always with congestion , no congestion can go ulu ulu

any news on this development ?

access still consider ok la future can come in from the existing road from LA SALLE