SINGAPORE (Sept 28): Aspen (Group) Holdings’ wholly-owned subsidiary, Aspen Vision Development (Central), has entered into a sale and purchase agreement to acquire a plot of freehold land in Selangor, Malaysia for 66.7 million ringgit ($21.5 million).

Spanning some 22,954 sqm, the currently vacant land is located in a matured township known as Kajang, approximately 30km from the Kuala Lumpur city centre.

It has been approved for a proposed development of two blocks of residential properties comprising Small Office Home Office (SOHO) and serviced apartments, one block of 9-storey podium car parks, sixteen retail units, and other facilities.

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