On the heels of the en-bloc sale of its 249 unit Sunway South Quay, it is now believed that Sunway City Bhd (SunCity) has done a second large-scale deal with the disposal of Block B of Sunway Pallazzion in Kuala Lumpur for RM220 million. Located in the upmarket Sri Hartamas area, the 80-unit high end project that is expected to be completed by 2010 is understood to have been sold to a Middle Eastern fund for RM750 psf.
(12-01-2009 New Straits Times)
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