PETALING JAYA, Nov 21 – The Selangor State Development Corporation (PKNS) expects to accrue RM380 million from the sale of properties next year, said its Deputy General Manager (Administration and development) Md Nasir Md Arshad.
He said the corporation hopes to sell RM342 million in properties this year as demand from the upper middle class was growing.
“PKNS will continue to engage with potential customers on new projects to be launched next year through a comprehensive awareness campaign,” he told Bernama after the official sale of Kasturi Idaman apartments here today.
Under the “luxury and comfortable” campaign set for next year, Md Nasir said the corporation aimed to sell 314 residential property units in Alam Nusantara, Shah Alam, with prices starting from RM335,000.
He added that PKNS also planned to offer semi-detached luxury residential units in Kota Damansara with prices starting from RM1.2 million.
Earlier, Md Nasir said the Kasturi Idaman project, launched in June 2007 and scheduled for completion in March 2010, would have a gross development value of RM42 million.
“Eighty five per cent of the project is complete and everything is on schedule,” he said 85 of 192 units in the project were sold out,” he said.
Md Nasir said customers could purchase a property with a minimum deposit of RM500. – Bernama
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