It views the property as one with a potential for a quick turnaround, Glomac said.
The purchase is at a discount of 35 per cent to the last transacted price of RM1,000 per sq ft for comparable properties at Suria Stonor.
By Business Times
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Tuesday, October 26, 2010
Glomac acquires Suria Stonor condo units
GLOMAC Bhd is buying 18 units of apartment in Suria Stonor Condominium for RM38.41 million as an investment.
It views the property as one with a potential for a quick turnaround, Glomac said.
The purchase is at a discount of 35 per cent to the last transacted price of RM1,000 per sq ft for comparable properties at Suria Stonor.
By Business Times
It views the property as one with a potential for a quick turnaround, Glomac said.
The purchase is at a discount of 35 per cent to the last transacted price of RM1,000 per sq ft for comparable properties at Suria Stonor.
By Business Times
