Berjaya Land Bhd (BLand) is making healthy strides in its offshore projects in Vietnam and South Korea, and it expects the foreign projects to become significant earnings contributors in the years to come.
BLand senior general manager for properties marketing Mah Siew Wan says the group's maiden development in Vietnam kicked off in October 2009 with the launch of Amber Court apartments in the bustling metropolis of Bien Hoa in Dong Nai Province, Ho Chi Minh City. The 17-storey block of 116 apartment units is part of the Bien Hoa mixed development. The residences with built-up of 94 sq m to 2,212 sq m with gross development value of US$10.9mil have been fully sold. The project is expected to be completed by the fourth quarter of this year.