Property
TH Properties to launch projects worth RM1.1b
Laura Lee | 04 Aug 2017 00:30

Lembaga Tabung Haji’s wholly-owned subsidiary, TH Properties Sdn Bhd, is launching five projects over the next few months in Negeri Sembilan, Selangor, Kelantan and Perlis.

The projects, which have a combined gross development value (GDV) of RM1.09 bil, are the RM550 mil Keramat Green in Taman Keramat Permai, Hulu Kelang in Selangor, RM100.88 mil Sofea Residensi in Kelantan, a yet-to-be-named project in Perlis worth RM311.4 mil, as well as Pristine @ Enstek (RM86.3 mil) and Warisan Puteri 2 (RM39 mil) in Negeri Sembilan.

Referring to the pilgrim fund’s pockets of undeveloped land, TH Properties chairman Datuk Azizan Abd Rahman tells FocusM: “We are going to fully realise the value of those locations by developing them.”

To achieve this goal, he says the developer has brought in property industry professionals like Datuk Roszali Othman, from established property companies like Island and Peninsular Bhd.



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