Glomac to launch RM780m properties in FY19

: Glomac Bhd is launching RM780 million worth of properties in the ending April 30, 2019 (FY19).

Group managing director and CEO Datuk Seri Fateh Iskandar Mohamed Mansor said the upcoming launches will remain in the mid-market and affordable segments targeted at millennial buyers.

“About 65% of the RM780 million will be priced at RM500,000 and below,” he told reporters at Glomac’s AGM today.

He said the group is targeting to sell 75% to 80% of the new launches.

Source: The Sun Daily

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