ALTHOUGH potential property buyers are taking a longer time to make up their mind on whether to proceed with a purchase, the time-tested adage of the property business still holds true. Good quality property products in the right locations that are priced competitively will not face difficulty in finding buyers. However, the impending removal of most of the housing packages offered by developers to attract buyers will mean that any sales realised will be dependent on the intrinsic values of these property products and how attractive they are.

KUALA LUMPUR: TA Enterprise Bhd plans to launch a few property projects with a total gross development value (GDV) of over RM2bil next year due to an improving real estate market, said managing director and chief executive officer Datin Alicia Tiah. The projects include a boutique residential development at Jalan U-Thant with a GDV of RM110mil and a condominium development at Dutamas worth RM300mil in GDV.