PETALING JAYA: Crest Builder Holdings Bhd expects to sustain its strong earnings performance in 2008 on the back of RM920 million worth of construction projects in hand and significant contribution from its property development projects, its managing director Yong Soon Chow said. The company plans to build service apartments with a gross development value (GDV) of RM80 million in Alam Hijau’s Phase 3 and commercial development comprising shops and an office tower worth RM120 million in Phase 4. Both phases are pending the authority’s approval and are expected to be launched in the second half of this year. Phase 5 of Alam Hijau, a commercial development, is still in the early design stages. Crest Builder is also undertaking a commercial development project, Tierra Crest, in Kelana Jaya and a high-end condominium project in Mont’ Kiara.
(28-1-2008 The Edge)
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