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THE RM2mil Hartamas Regency show residence looks like a big double-storey detached house from outside. However, the moment you step inside this air-conditioned building, you#146;ll be surprised to find that it houses a penthouse, an apartment and a sales office complete with water features, lounge area, and even mock-up lifts.
IN A builders environment today where it seems hip to be viewed as an up-market high-end developer, it has been interesting to watch MK Land Holdings Bhd flaunt its focus on building affordable houses. And it has made some steady profits from it as well, having emerged a strong player in the country's property scene and one of the largest capitalised property companies too.
Property Talk: A weekly column by S.C. Cheah.
MK Land Holdings Bhd has achieved a group pre-tax profit of RM52.9mil for the second quarter ended Dec 31, 2002 on the back of a revenue of RM215.7mil.
MK LAND Holdings Bhd expects its residential property projects in the Klang Valley to be the major contributor to group revenue this year.
After advancing for a solid one-and-a-half quarters, the question now is what is in store for the KLSE in the fourth quarter?Fund managers and analysts polled by I>StarBiz/Igenerally felt the CI would go up.They also made their favourite stock picks, which are not limited to just the high-flyers.
PROPERTY developer MK Land Bhd hopes to achieve sales of RM500mil from its key township project of Damansara Perdana in Selangor in the financial year ending June 2004.
Sidek Kamiso writes on Avenue Assets, FBO, MCM Tech, DXN and MK Land.