Timing is vital in property

In progress: The Kwasa Damansara town park. The township will now be developed under a 25-year time line versus Budget 2010’s 15 years.

PETALING JAYA: Other than the recent appointment to helm Kwasa Land Sdn Bhd, it has been rather quiet at the vast former rubber plantation known as Kwasa Damansara.

Once a much-hyped development spanning more than 2,000 acres with a 15-year development time frame, according to Budget 2010, it has not received any favours from the current slow property market. Current concerns about a looming recession do not help.