The condominium units at the Country Garden Danga Bay property project, developed by one of China's top property developers, Country Garden Holdings Ltd, has received an overwhelming response.
Country Garden's sales executive, Jeff Lee, said Malaysians and buyers from China, South Korea and Taiwan, have snapped up the condos.
"Since we started selling the 10,000 units barely weeks ago, over 8,000 units, estimated to be valued at RM8 billion, have been sold to Malaysians and foreigners.
"We are confident of selling the rest of the units and achieve the targeted RM10 billion in sales soon," he said.
Lee said 60% of the buyers were Malaysians, 30% Singaporeans and the rest from China, South Korea, Taiwan, Indonesia and Japan.
He said the company's sales gallery at the Danga Bay Convention Centre, which also showcased its show units, managed to chalk up daily sales of up to 200 units.
Besides the condos, the Country Garden Danga Bay project also included commercial development such as a shopping centre and a commercial boulevard with total gross development value of RM18 billion. – Bernama, August 20, 2013.