CYBERJAYA: The Selangor State Development Corporation (PKNS) is set to launch about 12 projects with a gross development value (GDV) of RM1.5 billion ...
: The Selangor State Development Corporation is set to launch about 12 projects with a gross development value of RM1.5 billion in 2025, reflecting its commitment to advancing Selangor’s property market, said group chief executive officer Datuk Mahmud Abbas.
“PKNS has evolved significantly from its early days of building flats 50 to 60 years ago. Today, we are moving into the higher and mid-level market segments, a shift necessitated by the competitive nature of the industry,” he said, adding that the focus now is to cater to diverse community needs. Meanwhile, the Aludra Residensi townhouses, priced at RM500,000, offer flexibility with a bundled option of a larger unit priced at RM1 million, providing 2,000 sq ft of living space.
“This carnival highlights how PKNS has transitioned into a developer of mid-tier and high-end housing while continuing to uphold its commitment to community needs,” Mahmud added.
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