Affordable housing a blue ocean for Aspen

By KINIBIZ

Aspen Enterprise Issue compilation image

Aspen Group founder and CEO Murly Manokharan tells KINIBIZ why he left a cushy directorship with established Ivory Properties to go solo, and why his affordable housing model is all the rage. He goes on to explain how his plan to develop Penang’s first privately funded affordable housing initiative was an easy sell to the state government, investors, and buyers. However, his mixed development in Batu Kawan was a harder sell. Finaly, Murly Manokharan explains his ambitious plans to replicate Aspen’s affordable housing model in Subang and list the two-year-old company on Bursa Malaysia by early 2016.

Issues
#1

Why affordable housing? Why now?

Aspen trees are often indication of aged forests, but Penang developer Aspen Group is a mere sapling at two years old, building affordable housing in the current market in what seems like ...
#2

Selling the Batu Kawan story

Aspen Group CEO Murly Manokharan says his plan to develop Penang’s first privately funded affordable housing initiative was an easy sell to the state government, investors, and buyers. However, ...
#3

Taking on the Klang Valley and Bursa

Aspen Group CEO Murly Manokharan speaks to KINIBIZ on his ambitious plans to replicate Aspen’s affordable housing model in Subang and list the two-year-old company on Bursa Malaysia by early 2016.