Wednesday, July 19, 2006 04:01 PM    
   

 
Local News: Ireka Land plans to build commercial and high end residential units
Posted by: Lenny on Wednesday, July 12, 2006 - 04:37 PM
Kuala Lumpur - Real estate developer, Ireka Land Sdn Bhd plans to expand its operations abroad to build commercial and high end residential units.

Its Chief Executive Officer Lai Voon Hon says, the company has identified suitable sites in China, India and Vietnam.

Lai says the company will develop the properties in the three countries through strategic ties ups with local companies.

Lai was speaking at the launch of its latest housing project, Tiffani I Zen in Kuala Lumpur.

The project comprises of 399 freehold exclusive residential units.

50 percent of the units have already been sold and the rest are expected to be taken up by the time the project is completed in mid 2009.

More than half of the buyers are foreigners from Hong Kong, Singapore, West Asia, Taiwan and China.

 
 
 

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