SBC Corp Bhd (SBC) has plans to launch two mixed development projects with an estimated total gross development value (GDV) of RM800 million by 2009.

Managing director Sia Teong Heng said its future projects over the next five years – including the two projects to be developed in southern Selangor and along Jalan Kuching in Kuala Lumpur – would have a total GDV in excess of RM1 billion.

According to Sia, the company’s future projects would be integrated with transport links such as the light-rail transit.

On PJ Exchange (PJX), an office tower project in Petaling Jaya, Sia said it has attracted requests from corporate clients to replicate the model, and are currently in talks with several parties. He added that it hopes to close some deals by next year.

Sia also said the company is actively seeking good locations in order to overcome the softening property sector and rising raw material prices. At present, it has a total land bank in excess of 700 acres in Klang Valley and Kota Kinabalu, Sabah.

On its overseas ventures, Sia said the company would continue exploring opportunities in Bangkok, but at the moment it has no immediate plans to go beyond Thailand.