SINCE Eco World Development Group Bhd (EcoWorld) came onto the market in late 2012, it has been making great strides on the property scene. The group grew its landbank to a whopping 4,926 acres from almost 1,000 acres and launched projects in Penang, the Klang Valley and Johor, which were well received by the market despite the challenging environment last year.

Is Brickfields overdeveloped?

DEVELOPMENT in Brickfields has mainly been concentrated on KL Sentral, although lately other industry players, such as Bina Puri Holdings Sdn Bhd, Syarikat Prasarana Negara Bhd and Primamuda Holdings Sdn Bhd, have turned the focus elsewhere in the area with proposals for mixed-use developments.

High-growth commercial district

THIS YEAR, I&P Group Sdn Bhd is planning launches that, together with its unsold stock of properties launched last year, will have a total gross development value (GDV) of RM2.5 billion. The developer is also targeting revenues of RM1.5 billion to RM2 billion, says its CEO Datuk Jamaludin Osman. The upcoming launches will come from its 10 existing townships and projects.