MCT to launch seven projects with RM2.2bil GDV

TheStar Tue, Jan 05, 2021 06:27pm - 5 years View Original


MCT Bhd CEO Teh Heng Chong

KUALA LUMPUR: MCT Bhd (MCT) is gearing up to launch seven new property development projects this year, comprising residential and commercial properties with a combined gross development value (GDV) of RM2.2 billion.

In a statement today, chief executive officer Teh Heng Chong said the property market is expected to continue its path towards recovery with the global economy gaining steady progress following the COVID-19 vaccine roll-out.

"Coupled with the low-interest rate and reintroduction of the Home Ownership Campaign, which presents good buying opportunities, more homebuyers will once again be searching for their dream home,” he said.

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