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Malaysia Property News (Free subscription) | 10/27/2009
SP SETIA Bhd, through its subsidiary, Setia Lai Thieu Ltd, has signed an agreement with Investment and Industrial Development Corp for the assignment of 27 acres of land worth US$16.26 million (RM54.96 million) in Lai Thieu Town, Vietnam. The land will be developed into a US$250 million (RM845 million) mixed-use project, which is expected to take six years to complete. The development...
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Malaysia Property News (Free subscription) | 10/27/2009
PETALING JAYA: SP Setia Bhd plans a mixed property project with gross development value of US$250mil in Vietnam. SP Setia said its subsidiary, Setia Lai Thieu Ltd, had entered into an in-principle agreement with Investment and Industrial Development Corp (Becamex) for an independent mixed-use real estate project in Binh Duong Province. “It shall entail a mixed development of about 1,700...
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Malaysia Property News (Free subscription) | 10/26/2009
KUALA LUMPUR: SP Setia Berhad Group's subsidiary, Setia Lai Thieu Ltd is teaming up with Vietnam's Investment and Industrial Development Corp (Becamex IDC Corp) to undertake a mixed-use project in Vietnam valued at US$16.26 million. The project would be carried out in Lai Thieu, Binh Doung province. The site is 16km north of Ho Chi Minh City and an hour's drive from Tan Son Nhat International...