KUALA LUMPUR: BANDAR RAYA DEVELOPMENTS BHD [] (BDRB) is teaming up with Country Heights Land Sdn Bhd (CHLSB) to undertake a housing project costing RM481 million in Pekan Baru Sungai Besi, Selangor.
BDRB said on Friday, Nov 12'' the projected gross development value (GDV) would be RM652 million and the projected gross development profit at RM170 million. BDRB said the proposed development comprised of 310 semi-detached houses and 13 bungalows.
'Gross development profit margin 26.10%. CONSTRUCTION [] for the proposed development is expected to commence in the last quarter of 2011 and completed within five years,' it said.
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BDRB said on Friday, Nov 12'' the projected gross development value (GDV) would be RM652 million and the projected gross development profit at RM170 million. BDRB said the proposed development comprised of 310 semi-detached houses and 13 bungalows.
'Gross development profit margin 26.10%. CONSTRUCTION [] for the proposed development is expected to commence in the last quarter of 2011 and completed within five years,' it said.
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