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Wednesday, October 8, 2008

NAZA TTDI targets Mideast market

DUBAI: NAZA TTDI Sdn Bhd is actively promoting its property to the Middle East market following a “high level” of interest received.

Marketing and sales director SM Faliq SM Nasimuddin said in a statement many high profile investors from the Middle East had shown keen interest in the company’s projects particularly in its “jewel in the crown” RM3.5bil Platinum Park, comprising seven iconic towers of offices, service apartments, retail units and upmarket condominiums, in the Kuala Lumpur City Centre (KLCC).

SM Faliq Nasimuddin

SM Faliq said Middle Eastern investors were very astute when it came to choosing a good property.

“In recent years they have shown keen interest in Malaysian properties particularly those in prime locations where they see potential for good capital appreciation.

“Also, luxury properties in KLCC area are comparatively much cheaper than those in downtown Singapore, Hong Kong and Dubai,” he added.

More than 400 exhibitors from around the world are participating in the event at the Dubai International Exhibition Centre.

By The Star

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