Welton Development To Focus On Niche Markets In New Projects
Date：2015/02/07
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JOHOR BAHARU -- Welton Development Sdn Bhd will focus on niche markets in its new real estate projects in the country to differentiate from other companies and offers a distinctive identity to buyers, its chief executive officer and director, Thomas C.Y Ling said.
"We do not want to develop projects looking ordinary and traditional to buyers in terms of specifications as they are already too many of them built by other companies.
"Actually, we want to blend three elements, namely technology, humanity and natural environment. It's something that had never been done by any company," he told Bernama during a media tour to the Green Haven's exhibition and sales office here, Thursday.
Green Haven is a high-rise service apartment containing 1,134 units with built-up areas ranging from 710 to 1,593 sq ft. near Bandar Seri Alam here.
Prompted by stiff competition in property development, Ling said Welton Development would add value to its projects, especially in its quest to develop real estate projects outside Johor Baharu.
"Plans are afoot to develop a landed residential and commercial project in Kuala Lumpur, but the location has yet to be finalised," he said.
The Green Haven project, launched in April 2014, has progressed by 20 per cent and is expected to be completed in mid-2017.
Thirty per cent of the units has been sold with most of the buyers being local residents while the rest from Singapore.