Friday 29 Mar 2024
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KUALA LUMPUR (Nov 24): UEM Sunrise Bhd's first Australia property project "Aurora Development Central" has seen 95% of the planned residential units sold.

According to UEM Sunrise CEO Anwar Syahrin Abdul Ajib, the company had sold units within the 92-storey residential tower project during the two-week worldwide preview launch.

"A combination of factors such as record low interest rate, attractive yields and favourable exchange rates have contributed to the strong interest in the Australian real estate market," Anwar said today at a media briefing on the project.

On the back of the success, Anwar said UEM Sunrise would actively look out for more opportunities in Australia.

Besides the Aurora, Anwar said UEM Sunrise would launch its second development in Australia known as "The Conservatory" in the second quarter of 2015.

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