Pulau Indah land sale gets ‘fair bit of interest’, says agent


  • Business
  • Wednesday, 29 May 2019

Companies that provide short-term consumer loans at high interest rates are on the increase in countries like Indonesia and the Philippines as many people struggle to get advances through traditional channels such as banks.

PETALING JAYA: Property consultancy CBRE | WTW, which has been appointed the exclusive marketing agent for the sale of Pulau Indah, said it has received “a fair bit of interest” from prospects for the 318-acre land, managing director Foo Gee Jen said.

“We are going to sell the land in its entirety. The buyer, likely to be a master developer, will probably parcel it out depending on what plans he has for it. It could be between one and 10 acres, for example.

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