For the remainder of the year to the next, Glomac Bhd has plans to launch several property projects that boasts a total gross development value of RM1.205 billion, said its group executive chairman Tan Sri Datuk F.D. Mansor in a statement.

“We are going to be kept very busy. The group has several projects lined up that will drive our earning growth over the next few financial years,” he added.

For starters, the group plans to launched the RM550 million Glomac Tower project early next year, followed by the launch of the first phase of mixed commercial development project that will comprise of shop offices, office suites and serviced apartments – boasting an estimated development value of RM500 million.

Other upcoming projects to be launched include the Glomac Galleria, a RM85 million commercial development in Desa Sri Hartamas and a RM120 million gated mixed development in Bangi.

“Over the past two years, the group has added another RM2 billion worth of new residential and commercial projects into our expanding portfolio,” Mansor said.

The group’s unbilled sales to-date stand at a record of RM358 million.

Glomac has more than RM700 million worth of products for sale this year, ranging from commercial to high end residential properties.