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Monday, December 13, 2010

Mutiara reaps RM76m from housing sales

Mutiara Goodyear Development Bhd accrued RM76.3 million from the sale of 119 terrace houses in phase one of Nadayu 92 Kajang and additional units from phase 2 of the company's maiden project in Kajang.

The 100 per cent take up rate for phase one of the project last Saturday was not only overwhelming but prompted the company to open part of the next phase of the project for sale, much to the delight of buyers.

"As of Sunday, 145 units were sold between RM433,000 and RM1.023 million each," said Executive Chairman Hamidon Abdullah in a statement today.

"The concept of gated and guarded with good communal amenities within a central green is alien in Kajang. "Proven now, this is what our purchasers are looking for," said Hamidon.

Having reached this stage, he said the company must now get on with the construction. "This will be the real test for Mutiara. The proof is when the keys are delivered," he added.

By Bernama


Seattle Homes said...

That a great news. Its good to know real estate industry is now recovering from recession.
Seattle Homes

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