IN A builders environment today where it seems hip to be viewed as an up-market high-end developer, it has been interesting to watch MK Land Holdings Bhd flaunt its focus on building affordable houses. And it has made some steady profits from it as well, having emerged a strong player in the country's property scene and one of the largest capitalised property companies too.
“Our Damansara Damai (in Petaling Jaya, Selangor) project was launched in 1998, at the height of the Asian financial crisis, and yet we did it ... we made a profit even during the recession period,” boasts MK Land's group executive chairman Tan Sri Mustapha Kamal Abu Bakar.
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