GEORGE TOWN: Despite predictions of a slow year for the property sector, Belleview Group is pushing ahead with plans to launch over RM420mil in residential projects.
Managing director Datuk Sonny Ho said two projects in Penang and one in Kedah would be launched this year.
Moulmein Rise, a RM200mil condominium project sited on a carpark next to the Pulau Tikus market, and W Residence, an eight-bungalow development project in Western Road valued at over RM70mil, would break ground on Penang island mid this year, he said.
“In Kedah, we are launching Alor Setar's first condominium project, called Amansuri Residences,” Ho said after the launch of 1st Avenue mall in George Town.
He said Amansuri Residences, which would be launched in two weeks, had a gross development value of RM150mil.
and was expected to be completed in mid-2014. - The Star
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