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Sunway Property aims for higher sales this year

Sunway Property aims for higher sales this year
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Sunway aims to launch properties worth RM2.8 billion this year

KUALA LUMPUR: Sunway Bhd is eyeing RM2.8 billion worth of property launches for its property division this year, with 40% of the projects to be develo. ....

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Sunway acquires freehold land in Cheras to develop residential project

PETALING JAYA (Feb 1): Sunway Bhd (Sunway) wholly-owned subsidiary Sunway Kinrara Sdn Bhd has signed a sale and purchase agreement (SPA) to acquire a 3.34-acre parcel of prime freehold land from CTM Development Sdn Bhd in Taman Mutiara, Kuala Lumpur at a purchase consideration of RM42 million. Sunway plans to develop exclusive homes to fit the new norm and lifestyle.
The residential development on the land will comprise town houses and condominiums. It is expected to be ready for launch by the first half of 2022 (1H22) with a tentative completion date in 2026 to contribute to Sunway’s earnings from 2022.
Sunway Property managing director Sarena Cheah said in a press release: “The proposed freehold, close-to-transit development will cater to pent-up demand for larger living spaces with more activities done at home as part of the new normal including working from home. In addition, we are planning for spacious and functional outdoor areas within the development with h ....

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