Malaysia: OSK buys Seremban land for $810m development, LBI sells land to unlock funding for other plans

Malaysia: OSK buys Seremban land for $810m development, LBI sells land to unlock funding for other plans

Image from OSK Holdings' 2014 Annual Report.

In a challenging realty market, Malaysian developers are weighing their landbanking options carefully to get the best out of their assets. OSK Holdings looks to purchase land in light of potential value creation by the Kuala Lumpur-Singapore high-speed rail, while LBI Capital divests from its land assets, acknowledging the tough outlook on its resort development plans.

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