TH Properties signs deals for sale of land in Bandar Enstek

TH Properties Sdn. Bhd. (TH Prop), a wholly owned subsidiary of Lembaga Tabung Haji, signed sale and purchase agreements (SPA) with four companies that are investing in Bandar Enstek, Negeri Sembilan recently, kick-starting the first quarter land sale of the township into high gear.

The companies GoBuilders Netsoft Sdn Bhd, Epsom College in Malaysia (Educ8 Group Sdn Bhd), Malindo Airways Sdn Bhd (Batik Air) and Meta Legends Sdn Bhd purchased plots of industrial and agriculture land in Bandar Enstek totalling RM70,257,115.23 in sales value.

Epsom College in Malaysia via Educ8 Group Sdn Bhd acquired 30 acres of land beside its existing 50acre for the campus’ future expansion plan while Meta Legends, a commercial developer purchased 2.254 acres of agriculture land for future commercial development.

Within the township’s industrial park, Malindo Airways (Batik Air) purchased 4.134 acres of land in phase 1 of techpark@enstek for its proposed training and in-flight catering complex. GoBuilders Netsoft, a cold chain logistics technology company, purchased 13.43 acres of land in phase 2 of techpark@enstek.

TH Prop chairman Datin Paduka Kartini Abdul Manaf said that the land deals are a significant achievement for Bandar Enstek after the group successfully launched phase 3 of techpark@enstek in November last year.

“To date, techpark@enstek phase 1 has been fully sold and phase 2 is 91.5% taken up. Bandar Enstek is fast becoming the choice location for big names such as Epsom College, Coca Cola, Mahsuri Foods, Purecircle Sdn Bhd, Farm Fresh Bhd, Kellogg’s Malaysia, Ajinomoto Malaysia, Dutch Lady Milk Industries Sdn Bhd, Mac Food Services and many more due to its strategic location. The addition of these three new investors will be a boon to the economic development of the area specifically and Negri Sembilan state as a whole,” she added.

Collectively, the companies are expected to bring in more than RM420 million of future investment and created more than 2,000 jobs in Bandar Enstek.