SEREMBAN (Jan 29): OSK Property Holdings Bhd expects to complete the development of its new township, Iringan Bayu, which has a gross development value of RM3.6 billion, within ten years.
Its executive chairman, Tan Sri Ong Leong Huat (pictured), said the 311.61ha project located in Seremban would be developed in phases and have a green neighbourhood with an 8.9ha recreational park.
“In this new development, we emphasise the quality of life that the residents will enjoy.
“We are also looking at how this township can value add to the people who own the units because in the long run the property will appreciate due to qualitative aspects of infrastructure, environment and property itself,” he told reporters after the launch of the project here on Saturday.
This article first appeared in The Edge Financial Daily, on Jan 29, 2018.