Fajarbaru Upbeat On Property Segment's Outlook In Malaysia And Australia

Taasavaldanud Platon

järgijaid: 0

KUALA LUMPUR, 6. mai 2021 – (ACN Newswire) – Fajarbaru Builder Group Bhd, a Bursa Malaysia Main Market listed company primarily involved in construction and property development, is upbeat on its property segment’s outlook in anticipation of the economic recovery supported by the National Covid-19 Immunisation Programme. The company is also looking to launch new property projects towards second half of this year once market conditions improve.

Grupp lõpetas hiljuti oma esmaarenduse Rica Residence @ Sentul ajakava järgi ja alustas üleandmist selle aasta märtsi keskel. Üleandmine pidi algselt algama kuni 3 kuud varem, kuid see viibis MCO piirangute tõttu.

Fajarbaru Group Chief Executive Officer Dato’ Sri Eric Kuan Khian Leng said: “The property division remains a significant revenue generator for the Group in addition to our core business in construction. We have property development interest not just in Malaysia but in Australia as well. Although the Covid-19 pandemic has certainly affected the property segment, there are positive signs that market conditions will improve and we can capitalise on it as long as we adapt and innovate accordingly.”

Rica Residence @ Sentul, which has a gross development value (GDV) of RM292.49 million, is Fajarbaru’s maiden property development in Malaysia. Despite coming from a ‘construction-based’ background, the Group’s property development segment under its wholly-owned subsidiary Fajarbaru Land has made good on its promise of quality to its first customers and delivered extra value to buyers with the instalment of polyurethane (PU) flooring for its carparks as well as 3 electric vehicle (EV) charging stations.

The latest take-up rate of Rica Residence @ Sentul stands at 82% (including booking). On the balance units, he said, “We are currently in the midst of releasing the remaining developer units. We believe there will be a strong take-up after MCO – the near-completion of the MRT2 in 2022 is also a positive boost for us to do so smoothly. We target to sell off the remaining units by end of 2021.” “Once market condition improves, we will also look into the possibility of launching the Rica Residence @ Kinrara project in 2021 which will be based on a condominium development concept.” Eric noted.

Samal ajal teatas grupp Austraalias Melbourne'is, et selle 182.84 miljoni Austraalia dollari väärtuses GDV Paragon Queen Streeti arendus viidi lõpule hiljuti. Selle viimane kasutusmäär on 93% ja arendaja on üsna kindel oma projekti ülejäänud üksuste müügis, mis on võitnud Aasia ja Vaikse ookeani piirkonna kinnisvaraauhindade 2018–19 ja iProperty Development Excellence Award 2019 auhindu.

This is Fajarbaru’s second development after the success of its first sold-out project called ‘Gardenhill’ in Melbourne in 2017. The Group is now on to its third development here, a project comprising 15 residential two-storey houses along Merri Creek in Northcote, Melbourne.

“The construction from Northcote has not yet started, but it is scheduled for a soft launch sometime in mid-2021 and the interest has been encouraging due to the location. This project will increase our presence in the property market in Melbourne, Australia and expand the Group’s earning base,” said Eric. The estimated GDV for the Northcote development is approximately AUD40.20 million.

Edaspidi kavatseb Fajabaru laiendada oma kohaliku kinnisvaraarenduse jalajälgi mitte ainult Klangi orus, vaid ka Penangi ja Putrajayasse, kui majandus on täielikult taasavatud. Eric arvab, et esmaklassilistes asukohtades olevate projektide puhul on kõrgetasemeline maakinnisvara arendamine elujõuline, kuid tähelepanuta ei saa jätta ka turunõudlust taskukohaste eluasemete ja perede uuendamise järele.

Grupp jätkab maapankade uurimist kohtades, mis võivad praegu tulu teenida, ning otsib potentsiaalseid ühisettevõtteid kinnisvara arendamiseks Malaisias ja Austraalias. Fajbaru on oma kinnisvaraarenduse segmendi kasvuväljavaadete suhtes 2021. aastal ja pärast seda vastavalt turutingimuste oodatavale taastumisele ettevaatlikult optimistlik.

Teema: pressiteate kokkuvõte

Allikas: Fajbaru Builder Group Bhd
Sektorid: Igapäevane rahandus, Rahandus, Inseneriteadus

https://www.acnnewswire.com

Asia Corporate News Networkist