PAKISTAN is keen to adopt Ball Park Development Sdn Bhd's choose and build concept of helping land owners build houses on their idle land, said executive chairman Datuk Osman Mohamad.
He said he had been invited by the High Commission to brief Pakistan Prime Minister Shaukat Aziz during the premiers proposed visit to Malaysia next month.
They asked me to brief the Prime Minister on our concept and whether we can transfer our know-how experience and expertise to Pakistan, he said after a briefing for land owners of Rancangan Perkampungan Tersusun in Batang Padang District in Tapah yesterday.
Osman said Pakistan High Commission officials were impressed with the concept and had gone through the companys working papers and brochures.
It was not our plan to enter Pakistan ... it was more by chance. I was at the High Commission to enquire about getting workers from the country and it was then that they found out about our concept, he added.
Osman said there was a possibility Ball Park would expand its operation to Pakistan.
Ball Park acts like a one-stop agency where it contacts land owners, shows them some house designs, arranges for bank financing and lawyers and hires contractors to build the houses.
We are not the usual developer but more of a manager. Once the owner agrees, we can complete a house in six months, said Osman, a retired military officer.
At the moment, the company offers four house designs with prices ranging from RM65,000 (880 sq ft), to RM185,000 (1,900 sq ft).
Osman said loans would be provided by a panel of financial institutions, including Bank Simpanan Nasional, Bank Islam, Bank Muamalat, Bumiputra-Commerce Bank, Malaysian Building Society Bhd and RHB.
He said the company was also finalising details and waiting for the necessary approvals from the authorities to build condominiums for armed forces personnel, policemen and civil servants in Jalan Duta, Kuala Lumpur. Bernama
Did you find this article insightful?