Sunsuria is piquing my interest

From the Edge:

KUALA LUMPUR (July 10): Sunsuria Bhd’s shares rose 4.08% to RM1.02 on the back of the impending launch of the RM1 billion gross development value (GDV) of Phase 1 of its Sunsuria City township in Sepang.

At 10.42am today, Sunsuria (valuation: 0; fundamental: 2.5) recorded a four sen increase, giving it a market capitalisation of RM620.8 million.

According to its chairman Datuk Ter Leong Yap, the phase comprises residential including 200 linked houses priced about RM500,000 and apartments costing RM360,000 onwards, retail and commercial spaces.

The soft launch of the phase is expected in mid-September.

Any time a property counter starts moving higher, on an impending sales launch makes me want to learn more about the company.  I may end up attending the launch and have a look at what's going on.

Nothing like on the ground research to see what's out there.