OSK Property Holdings Bhd has a busy two years ahead, with a land bank of about 1,400 acres and five ongoing projects.

Within the Kuala Lumpur city centre, the company has acquired about 28,000sq ft of land in the Yap Kwan Seng area and plans to build high-end condominiums are in the works, said executive director and chief operating officer Gerard Tan, adding that its targeted launch is slated for next year.

Its other projects include a RM43 million high-end residential development called Sri Banyan@Country Heights, Kajang, that was launched last week features a five-acre development that comprises 10 semi-detached homes and 16 bungalows priced from RM1 million.

According to Tan, thus far, all the semi-detached units have been sold. 

Another upcoming launch is the company’s mixed development project called Damansara Sutera in Sungai Buloh, which is situated on 100 acres and has an estimated Gross Development Value (GDV) of RM488 million. Tan expects the project to be launched by the end of this year.

In addition, the company also boasts another high-end residential development in Seremban. The Mon’t Jade project will offer 220 bungalows and will be developed in three phases, all with an estimated GDV of RM182 million.

OSK Property is also looking to increase its land bank, with its primary focus on the Klang Valley. Earlier this month, the company had acquired Atria Shopping Centre in Petaling Jaya for RM75 million and has plans to refurbish and redevelop the shopping mall.