TA Global delays property launches amid soft real estate market


Tiah: The delay in the projects for this year is mainly due to the oversupply of properties in the market.

KUALA LUMPUR: TA Global Bhd is delaying the launch of three residential and mixed-development property projects worth RM5.5bil to next year, mainly due to the soft property market.

The projects pushed to next year are the Dutamas residential project worth RM450mil, the TA 3&4 project (worth RM2.6bil) in Kuala Lumpur city centre, and the Annexe mixed-development project (worth RM2.5bil) in Bandar Sri Damansara.

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