KUALA LUMPUR, Aug 29 (Bernama) — IOI Properties Group (IOIPG) has entered into an agreement with Oriental Medical Segamat (OMS) for the sale of a 4.84-acre freehold land located within Bandar IOI Segamat. The Group is pleased that OMS has chosen Bandar IOI Segamat as the preferred location for its newest medical facility.
Bandar IOI Segamat, a well-planned 607-acre integrated development with a gross development value of RM1.3 billion, consists of an East Precinct and its extension, the North Precinct. Upon its completion by the end of 2023, the East Precinct will be providing 5,000 housing units to accommodate a population of approximately 25,000 people and it is expected to be a thriving business and residential hub.