PETALING JAYA: Amcorp Properties Bhd (Amcorp Prop) is seeing a largely neutral impact from the Brexit vote as the property developer’s target market is the ultra high-net worth (UHNW) clients who are able to withstand the short-term effects, said managing director Ben Lee.
“We are targeting the UHNW and we have captured very good sales actually, more so with the interest rate cut there, it will be positive for us as well. We have RM60mil exchanged and reserved and another RM70mil under negotiations,” Lee said after the company’s AGM.
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