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By JADE CHAN Photos by NORAFIFI EHSAN jade@thestar.com.my APARTMENT buyers of Block F, Flora Damansara, in Bandar Damansara Perdana are unhappy with the developer over several issues, including late delivery of vacant possession and delay in compensation for their apartments. They recently held a meeting with several representatives from the developer Saujana Triangle Sdn Bhd, a member of MK Land Holdings Berhad. Present as mediator was Bukit Lanjan assemblyman Yong Dai Ying. A number of Block F buyers have yet to receive the keys to their units and compensation for late delivery. These buyers, and those from the other apartment blocks at Flora Damansara, also raised several issues regarding the security, building structure, and state of common facilities at their blocks. Clearing the air: (From left) Fatimah, Yong and Ho informing reporters of the outcome of the meeting between the apartment buyers and the developer. There are over 600 apartment units in Block F,...

By Carolyn Lim Of DOW JONES NEWSWIRES KUALA LUMPUR (Dow Jones)--Malaysia's MK Land Holdings Bhd. (8893.KU) expects to reverse the past few years of sliding profits starting with the year that ends June 2007, senior executives at the homebuilder said. That financial year will also mark the start of development of luxury houses at MK Land's flagship Damansara Perdana project, Executive Director Kasi Palaniappan told Dow Jones Newswires recently. The houses - the first MK Land is building in the capital - are aimed at offsetting slower demand for apartments, which have been the company's main product thus far. MK Land is Malaysia's seventh-biggest homebuilder in terms of market capitalization. "By doing landed property, we are opening another avenue. If (apartment sales) slow down, we have got another product, another market coming up so we can boost our revenue," Kasi said. READ FULL ARTICLE CLICK HERE