E&O to launch projects with RM1.63bil GDV

TheStar Wed, May 29, 2024 03:39pm - 3 months View Original


KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is poised to launch about three projects with a combined gross development value (GDV) of RM1.63bil over the next couple of years.

Its managing director Kok Tuck Cheng outlined these upcoming ventures, which encompass a diverse range of offerings including landed homes, The Lume, and marina apartments boasting sea-front views.

Kok emphasised the importance of ensuring that each development complements rather than competes with the others, thus maintaining a harmonious portfolio.

“The Andaman Island developments continues to build momentum, with even Senna and Fera showing strong sales performance, with over 90% take up rate, since its launch in January 2024,” Kok said during the group’s financial year ended March 31, 2024 (FY24) results briefing.

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