GADANG HOLDINGS BHD has proposed to acquire a leasehold parcel of residential land off the Sungai Besi Highway in Sungai Besi here for RM33 million or RM62 per sq foot.In a statement today, Gadang said its sub-subsidiary Natural Domain Sdn Bhd had inked a sale and purchase agreement (SPA) with the vendor, GSS PROPERTIES Sdn Bhd, to acquire the land measuring about 49,377.47 square metres (531,494.15 sq ft).It proposed to undertake a residential development there in the future.
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