Sime sells properties worth RM100mil

KUALA LUMPUR: Home buyers and property investors have snapped up over RM100mil worth of properties at Sime Darby Property’s Parade of Homes campaign.

Since the campaign was launched on Nov 14, visitors have been making their way to Sime Darby Property’s 10 townships in prime locations stretching from Shah Alam, Ampang and Subang Jaya to Nilai in Negri Sembilan.

More than 160 properties were sold in a two-week period.

”We’re definitely feeling very upbeat with the encouraging response from home buyers and investors alike,” Sime Darby Property managing director Datuk Tunku Putra Badlishah said in a statement.

According to him, sales to-date showed that Malaysians would continue to invest in the property market, given the right incentives and assurance that they had made a safe investment despite the current economic sentiment.

Sime Darby Property was offering a “guaranteed buy-back” scheme which is valid until June 15, 2009, the statement said.

Under the scheme, purchasers during the campaign period can sell back their properties to Sime Darby Property with “no questions asked”.

By Bernama