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Now that MAGMA has some new land in a good spot in KL, the company’s getting ready to take advantage of the property market picking up and the boost in tourism
For the latest development project, Magma Group expects a gross development value (GDV) of about RM439.83 million, with an estimated gross development cost (GDC) of RM249.79 million.
The project is expected to generate a gross profit of about RM110.26 million over a 42-month period.