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Hatten Land acquires land parcels in Melaka for $35.3 mil for mixed developments

Property

Hatten Land acquires land parcels in Melaka for $35.3 mil for mixed developments

PC Lee Published on Fri, Nov 17, 2017 / 9:05 AM GMT+8

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SINGAPORE (Nov 17): Hatten Land is acquiring two parcels of land in Melaka for a combined RM108.6 million ($35.3 million) which will be developed into separate integrated projects.

The 6.1-acre freehold land and 6.7-acre leasehold land of 99 years expiring 5 May 2108 are located in Klebang, a coastal town in Melaka.

The latest acquisition will enlarge its property portfolio to seven mixed-use developments and one retail mall.

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