Investors shrug off developers’ unbilled sales

KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.

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DONE DEAL: 2½-storey bungalow at Tijani Ukay, Ukay Perdana, Ampang

Rented for: RM8,000 Concluded by: Matt Tian of Reapfield Properties Sdn Bhd (016-208 5108) When: March 2016 Noteworthy: • Leasehold • Built-up: 3,778 sq ft • Land size: 3,821 sq ft • 6 rooms and 6 bathrooms • Leased for two years • Partially furnished with built-in wardrobes, cabinets with appliances for dry and wet kitchens, curtains, fans and air-conditioners The tenancy was concluded by Reapfield Properties Sdn Bhd negotiator Matt Tian.

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