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PERSEVERANCE certainly pays off handsomely for Paramount Corp Bhd when it stayed the course, and faced the challenges that came its way in its attempt to venture into the lucrative Klang Valley property market.
Creativity is a hallmark of developers who have built up their reputation in the industry. Projects that sell well have some common traits that are able to attract buyers' attention, including practicality, refreshing project concepts and community-friendly features.
LANDMARKS Bhd's wholly-owned subsidiary Landmarks Land Sdn Bhd expects its remaining 249 acres in Wangsa Maju, worth RM2.1bil in gross development value and comprising mixed property projects, to be completed in the next three to eight years.
Overall property sales will remain good driven by sustained economic growth, says president and group CEO of the Mah Sing Group, Datuk Leong Hoy Kum, in the StarBiz interviews with property developers on what is ahead for them for the rest of this year.
PJ Development Holdings Bhd (PJD), which has expanded its property development operations since it was transferred to the property sector in the local bourse two years ago, wants to make a bigger presence in the industry, PJD Management Services Sdn Bhd senior general manager (marketing and operation) Lim Lian Seng said.
HUNZA Properties Bhd has kicked off construction work on its RM200mil mixed project, Alila, on an 18-acre site in Tanjung Bungah. Group executive chairman Datuk Khor Teng Tong told I>StarBiz/Ithe project was launched during this period, when property prices were on the low side, so that purchasers could grab the opportunity to buy affordable homes in a prime location.