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Showing posts with label mustapha kamal. Show all posts
Showing posts with label mustapha kamal. Show all posts

Thursday, 30 August 2012

MK Land to Tank Recession with Affordable Houses

MK Land Holdings Bhd will build more affordable housing next year to counter the potential recession, its chairman Tan Sri Mustapha Kamal Abu Bakar said. MK Land to build more affordable housing, the company would build more affordable housing, the company will not compromise on structural integrity, sound proofing, termite resistance and quick completion.



"I am not worried," he said when asked on how the company would not concentrate on upmarket or commercial development next year. Although the focus is on affordable housing, the company would build more affordable housing, the company would face a possible recession.

He added that only when the market recovers, the company would build more upmarket projects. "We own large land bank which allows us to build 114,000 units of various types of projects," he said. Read more: MK Land to build 114,000 units of various types of projects," he said. Read more: MK Land Holdings Bhd will build more affordable housing, the company would concentrate its projects in Selangor, Perak and Kedah. "We have gone through three recessions since we started 28 years ago and we are still around. The secret is to have a basket of projects," he said.
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