$TAMBUN / 5191 (TAMBUN INDAH LAND BERHAD) AGM Notes 2024
馃搶 TAMBUN currently has six ongoing projects: Aster Villa, Ambay Garden, Pearl Impiana, Mutiara Indah, Dahlia Garden, and Botanic Villa. Dahlia Garden and Botanic Villa, both launched in FY23, have GDV of RM119 million and RM301 million, respectively.
馃搶 Some completed houses from these projects remain unsold, and the company is actively promoting these properties to boost sales.
馃搶 The company has no immediate plans to sell any of its land holdings at this time.
馃搶 For future developments, the company is continually seeking land that aligns with its business strategy, ensuring sustainability and long-term growth.
馃搶 As of March 31, 2024, the average take-up rate for the company's ongoing projects is 72.7%, an improvement from the 62% take-up rate in FY23.
