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Thursday, April 22, 2010

One or two projects at a time to ensure quality

SUPERBOOM Projects Sdn Bhd, a privately held property developer, plans to focus on one or two projects at a time to ensure the quality of its work.

"We have received offers to develop land. We are keeping our options open," said chief executive officer Peter Chan.

Superboom was set up by Chan and his partner, David Yam, in 2002.

Chan is the former chief executive officer of bereavement care provider NV Multi Group Bhd while Yam has over 20 years of experience in the construction and project management industry.
He started work with Sunrise Bhd and was involved in Mont Kiara Phase 1.

Superboom's previous projects are the 576-unit Permai Lake View Apartments in Ipoh, and

Subang Galaxy in Subang 2, Selangor, comprising 175 double storey terraced houses.

Chan said the two projects were completed ahead of schedule and prices have appreciated by more than 30 per cent since completion.

"Our focus for the next three years is on The Haven. We hope to sell all the units within the next two years," Chan said.

The Haven is a high-end lakeside gated residential development in Ipoh, Perak, with three 26-storey blocks of luxury condominiums. Each block has 165 units.

By Business Times (by Sharen Kaur)

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