KUALA LUMPUR (Jan 21): In the early days, while JRK Group’s core business was still growing, the founder and managing director Datuk Seri Jerry Kwan was already actively growing its land bank. The first plot of land in Semenyih was purchased in 2017. Then, between 2017 and 2019, the company bought four plots of land in Bukit Jalil, PJ South, Puchong and Damansara Kuala Lumpur, with a combined land size of 20 acres.
With plans to fully transform JRK Group from a construction player into a property development company in the future, Kwan is eyeing to launch more projects this year to double its sales to RM200 million.
Along with the cover story of this issue of City & Country, is an interview with The Exchange TRX and head of retail Mitch Wilson, who had been working tirelessly behind the scenes with the team to get everything ready for the opening of The Exchange TRX on Nov 29 last year.
We also have The Edge | Rahim & Co Kota Kinabalu Housing Property Monitor 3Q2023 report, and a report from EdgeProp Singapore on the influx of new office space to enter the Singapore market in 2024 and potentially increase the vacancy rate.
Catch up with the latest property news in town in our Jan 22, 2024 issue of City & Country, out with The Edge Malaysia weekly.
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