KUALA LUMPUR: Hap Seng Consolidated Bhd is beefing up its property unit, aiming to launch several property projects mainly in prime locations in the Klang Valley with total gross development value (GDV) worth more than RM1bil within the next two years.
Group managing director Datuk Edward Lee Ming Foo said the group was optimistic to further grow its property arm, especially in the high-end residence market despite challenges posed by the cooling measures introduced last year.
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