Friday, August 6, 2010

Bolton To Unveil "The Wharf" Later This Month

SHAH ALAM, Aug 6 (Bernama) -- Property developer, Bolton Bhd, will unveil a new commercial development in Puchong, known as "The Wharf", later this month, said its Executive Director Chan Wing Kwong.The development, with a gross development value of RM650 million, is a mixed offering of boutique shop offices, service apartments and a retail shopping mall.The Wharf would highlight green features that would capture the imagination of an ever-demanding market, he told reporters after the company's annual general meeting on Friday.Other projects in the pipeline include a 33-storey development, known as "Sixceylon" at Bukit Ceylon, Kuala Lumpur, comprising 215 units of luxury condominiums with a gross development value of about RM180.0 million.Meanwhile, "51 Gurney" is a unique offering comprises 71 units of super luxury condominium with a gross development value of about RM150.0 million.Asked on expansion plans, he said the company would continue building its strength in the Malaysian property market while consider venturing overseas in the next one to two years."We will look within the region," he added.For the financial year ended March 31, 2010, the company registered a pre-tax profit of RM50.7 million, up 33 per cent, compared with 38.113 million chalked up in the same period last year.However, revenue declined to RM257.473 million from RM292.044 million previously.

source: Bernama August 06, 2010

9 comments:

Gary said...

I believe this is the land. The SA told me some times ago.

putraprima said...

i think your comment wrongly placed.. :) thanks btw

Gary said...

Oh, yes. I saw it. Btw, are you one of the proud owner of TPP? I just bought a shop there recently:)

putraprima said...

Yes, i'm TPP'ian. You bought the shop in subsale market? how much it costs? just curious..

Gary said...

I bought it from developer a year ago. The subsale is asking around RM 780K - RM 800K.

putraprima said...

You've hit a goldmine! :)

Gary said...

I hope so. Everything now is on paper only :)

The houses here are selling quite good and have stable demand. I believe in its potential :)

putraprima said...

Wish you all the best! btw if you want to advertise on this blog do let me know. It's FOC but must be Putra Prima related.

Gary said...

I wish you all the best too. :)

I have no plan to advertise the shop yet. Still waiting for after VP rental market rate. Anyway, thank you for you invitation. :)