As land in Kuala Lumpur becomes scarce, more and more developers are shifting towards creating all-in-one lifestyle products. Titijaya Land Bhd is among them that recognise the need for such products and plan to integrate this concept in their future projects.
“It is certainly an appealing concept. Today, people are getting busier, hence more buyers and investors yearn for the conveniences offered by mixed-use developments,” says executive director Charmaine Lim.
Riveria Sentral to bank on its connectivity
S P Setia to hold preview for Setia EcoHill 2 this weekend
S P Setia Bhd will hold a preview for Setia EcoHill 2 this weekend, with prospective buyers having the opportunity to choose their desired units at the township’s sales gallery, said the group in a press release.
“There were many people who came to the Setia EcoHill Welcome Centre yesterday to enquire about Setia EcoHill 2. While making enquiries about the project, some also took the chance to learn and understand more about the eco-township from the Setia EcoHill 2 Talk today,” the group added.
Building a township around Xiamen University Malaysia
For Sunsuria Bhd, developing the freehold, 525-acre Sunsuria City in Salak Tinggi has been a journey of faith. The core of the township, which has a gross development value (GDV) of RM10 billion, is the 150-acre Xiamen University Malaysia, China’s first overseas campus. The rest of the township will grow around the university.
Most developers look for catalysts for their existing landbank but Sunsuria did the opposite. It found its catalyst — Xiamen University — first, after former housing and local government minister Tan Sri Ong Ka Ting and former deputy higher education minister Datuk Hou Kok Chung had proposed to the university in 2011 to open a campus in Malaysia, before even getting the land on which to build it.
Sunsuria eyes September launch for Sunsuria City’s first residences
Sunsuria Bhd is looking at launching The Olive — the first residential properties in its flagship Sunsuria City township in Salak Tinggi — in September, said executive chairman Datuk Ter Leong Yap.
Covering 17.8 acres, the project will offer 663 apartments (built-up: 818 sq ft) in three blocks. With a gross development value (GDV) of RM273 million, the units will be priced from RM383,999.
Benéton Properties to launch final block of Irama Wangsa next week
Benéton Properties Sdn Bhd will be opening the final block of its Irama Wangsa resort-concept condominium in Kuala Lumpur on June 15, 2016.
Benéton Properties chief executive officer Chan Kin Meng told TheEdgeProperty.com that the 25-storey final block (Block C) comprises 200 units in three layouts with a choice of 3 and 4-bedroom units.
Magna Prima to buy Shah Alam land for condo project
Magna Prima Bhd’s wholly-owned unit Magna City Shah Alam Sdn Bhd (MCSASB) plans to buy a piece of leasehold land measuring 5.25 acres (2.12ha) in Bandar Shah Alam, Selangor, for RM43 million to undertake a residential development that will carry an estimated gross development value of RM220.81 million.
In a filing with Bursa Malaysia, Magna Prima said MCSASB has entered into a conditional sale and purchase agreement with Regalia Raintree Sdn Bhd to effect the land buy.
IOI’s award-winning thematic project
IOI Properties Group Bhd (IOI Prop) has constantly been recognised as one of Malaysia’s top developers... and the slew of awards it has won over the years is clear testament to that.
At the recent StarProperty Awards 2016, the company bagged the Family Friendly Award for its 16 Sierra, a township in Puchong South, Selangor. It also earned a Merit under the Cornerstone Award (for Best Landed Development) at the same prestigious event.
EcoWorld eyes 3Q launch for RM300k apartments in Semenyih
Eco World Development Group Bhd (EcoWorld) plans to launch its Harmoni apartments in its Eco Majestic township in Semenyih in the third quarter (3Q) of this year, Eco Majestic general manager Evon Yap told TheEdgeProperty.com.
Harmoni comprises 900 units of 900 sq ft three-bedroom 2-bathroom apartments that will be priced from around RM300,000.