SUNBIZ

Halabe Investment Constructs $2 million Townhouses

Halabe Investments is currently undertaking a more than $2 million development overlooking Wailoku, Suva. The three Townhouse buildings which are targeted for the expatriate market. Mark One Apparel and Halabe
17 Sep 2015 09:50
Halabe Investment Constructs $2 million Townhouses
The three Townhouse buildings under construction. Photo: Jona Konataci

Halabe Investments is currently undertaking a more than $2 million development overlooking Wailoku, Suva.

The three Townhouse buildings which are targeted for the expatriate market.

Mark One Apparel and Halabe Investments Limited managing director Mark Halabe said: “There is a need for high end accommodation in Suva and Halabe Investment sees this as an opportune time to keep investing in property development.”

Work is expected to be completed by early next year.

 

Specifications

Mr Halabe explained each building is planned to have two levels with three bedrooms, a study, en-suite with walk in wardrobe and a plunge pool.

He added: “The location was chosen because of the excellent views across the Wailoku Valley.”

 

About Halabe Investments

Halabe Investments is jointly owned by the FNPF, Kontiki Growth Fund and the Halabe Family.

Mr Halabe and his wife own 50 per cent shares in nearby Viti Tower (Wailoku) and Viti Apartments (Tamavua).

Konitiki Growth Fund and Fiji National Provident Fund own 25 per cent each.

Mr Halabe is best known for the success of his Mark One Apparel garment making and exporting business.

He has also become a significant investor in building and running high-end accommodation.

Feedback:  stella.moresio@fijisun.com.fj

 

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