Tuesday 26 June 2012

Nadayu targets 100% sales growth

KUALA LUMPUR: Nadayu Properties Bhd is targeting to achieve almost 100 per cent sales growth to RM400 million this year, backed by upcoming several housing projects launch.

"As of to date, the company has about RM280 million unbilled sales, which will take us for the rest of the year," said Chairman Hamidon Abdullah.

For the first phase of Nadayu Melawati, it will be handed over to buyers in the second quarter of the 2012 financial year 2012 and has received favourable feedback from prospective buyers, he said.

"Our phase 1 of Nadayu 92 Kajang will also be completed according to schedule and will be handed over in the second quarter of this year," he told reporters after the company's annual general meeting today.

Hamidon said the company also received overwhelming response with about 50 per cent sales for its Nadayu 28 project to be launched in early August.

-- BERNAMA 

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