“With the completion of acquisition, we are now moving ahead with our plans for the property. We will be pursuing the approvals for the execution of our plans for the site. The project is planned as a mixed development comprising luxury residential and a world class five star hotel. We envision this project as a landmark, reflecting KSK Land’s focus on ‘Inspired Living’,” said Joanne Kua, CEO of KSK Group at the Group’s acquisition of a 3.952-acre freehold land located at Jalan Conlay in Kuala Lumpur.
“Concurrent with the regulatory processes, we are growing our management team and exploring prime land banks in Klang Valley and Penang to realize our vision and goals for KSK Land.”
KSK Land Sdn Bhd is the property development subsidiary of KSK Group Bhd, the insurance giant formerly known as Kurnia Asia Bhd. It was established in 2013 with the aim of venturing into the property development sector starting with Malaysia.