TA Global to launch two projects worth RM2.9b GDV this year

KUALA LUMPUR: TA Global Bhd is planning to launch two projects with a combined gross development value (GDV) of RM2.9 billion this year.

The projects are Alix Residences in North Kiara and TA3&4 in KLCC with GDV of RM507 million and RM2.4 billion respectively.

Speaking to reporters at its AGM today, CEO Tiah Joo Kim said Alix Residences will be launched next week while TA3&4 will be launched in the fourth quarter.

He said the group is confident of its products despite the challenging market, due to the strategic location of its landbank and having acquired these land at below market value.

The group has 708.88 acres of land, of which 144.50 acres in the Klang Valley and Johor are under planning and development.

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