The highest profit went to the seller of a 1,690 sq ft, three-bedroom unit on the fourth floor of Toho Green.

Comprising 294 units with sales of RM160 million within one month of its launch.

The contract is for 27 weeks and expected to be completed in April 2018.

The survey also revealed that 45% of property purchasers in 1H2017 are first-time homebuyers, followed by upgraders at 33%. 

“There is a big discrepancy between projected supply and actual supply.”

“But something needs to be given (by the government), you can’t keep on pushing up the compliance cost, impose new policies and charge us for that.”

EcoFirst said the IRB had raised additional income tax assessment amounting to RM30.71 million for its wholly-owned unit Pujian Development Sdn Bhd (PDSB) for assessment year 2004.

This is the best ever quarterly performance in its corporate history, said the company today.

In future, the group will rely on unbilled sales, revenue contribution from a deal with KWAP.

“Both of the projects are expected to contribute positively to the future earnings of the group.”