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Thursday, November 10, 2011

MRCB plans to build affordable homes: CEO

Malaysian Resources Corporation Bhd plans to build affordable houses in one of its projects to serve the medium-income populace, its chief executive officer Datuk Mohamed Razeek Hussain said today.

He said his property development and investment company supported the government's Projek Perumahan Rumah 1Malaysia as it was an excellent way to help the people who have not achieved the requisite income level to buy high-value properties.

"We are supportive of the housing scheme and plan to include such houses in one of our projects soon. We hope to get approval and assistance from the government," he told reporters after the company's corporate social responsibility event themed

"Promoting Intelligence, Nurturing Talent, Advocating Responsibility" here today.

On another note, Mohamed Razeek said the group had done the soft launch for its two blocks of condominiums at Kuala Lumpur Sentral.

Known as "The Sentral Residences", the project received good public response.

"We've almost sold all the units on the first block and when we opened the second block (for booking), it was a brisk sale," he added.

By Bernama

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