From the Tabung Haji website:
TH ventures into property investment abroad for long-term and stable revenues. This portfolio has placed TH in the same league as other Government-linked Investment Companies (GLICs).
Amongst the properties acquired by TH are as follows :
However, in 2018 then TH Properties Group managing director Datuk Roszali Othman told The Star:
“Meanwhile, the Imperial Hurstville (229 apartments and retail lots) is targeted for completion in May 2018. Currently, 223 units of the project have been sold,” he said.
What The Star has reported and what is published on the TH website with regards the Imperial Hurstville asset are two different things. Note that the information on TH website does not say that the Imperial Hurtsville was acquired as a business for development but a property that would yield rental income, This is strange for most developers in Sydney would rather sell off-the-plan and exit the development. Being a rent collecting landlord is not easy, especially when the landlord is far away in another country.