Kuok Yee News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Kuok yee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Kuok Yee Today - Breaking & Trending Today
THE former Sinalco and Kickapoo Joy Juice bottling factory site in Petaling Jaya’s Section 13 is believed to have set a new record for industrial land transactions in the area following its sale to a Penang-based property developer. Singapore-based National Aerated Water Co (KL) Sdn Bhd has disposed of the site to GSD Land (M) Sdn Bhd for RM46 million, according to sources. The deal works out to RM514 psf a new high for industrial land transactions (now zoned for mixed commercial) in the area. Real estate agents say the deal was agreed upon prior to the Covid-19 outbreak. The bottling plant, which ceased operations over a decade ago, sits on 2.06 acres or 89,560 sq ft of leasehold land. Called Lot 54, it was put up for sale in late 2019 with 41 years remaining on the lease, now reduced to 39 years come April. ....