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IJM clears the air over RM1bil unsold units


Festive fete: Chong (left) and IJM’s Bandar Rimbayu senior GM Chai Kian Soon at the Hari Raya lunch. — Bernama

Festive fete: Chong (left) and IJM’s Bandar Rimbayu senior GM Chai Kian Soon at the Hari Raya lunch. — Bernama

KUALA LUMPUR: IJM Land Bhd has unsold properties totalling about RM1bil throughout the country, but this figure includes bumiputra units which can only be released in the open market after getting government approval.

Managing director Edward Chong said up to 95% of these unsold properties are landed and high-rise residential units, while the rest are commercial properties. He was speaking to the media at a Hari Raya lunch yesterday.

Property , IJM Land

   

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