News by Racheal Lee

Nadayu Properties Bhd’s latest offering in Taman Nadayu — the mixed-use development Nadayu63 — is seen as a catalyst for the township, with the commercial component set to bring dynamic lifestyle and retail activities to residents.

Tropicana Corp Bhd is planning to launch RM1.5 billion worth of projects this year. To kick-start the process, it will unveil three projects in the Klang Valley by early July.

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.

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.

Penang-based developer Ideal Property Group plans to launch RM2.723 billion worth of condominium projects, with more than 3,600 units in total, on the island this year.

Chan Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years. This is thanks to its close proximity to the upcoming Bandar Malaysia project as well as Dewan Bandaraya Kuala Lumpur’s plan to revitalise Chan Sow Lin and transform it into a neighbourhood of residential, commercial and industrial properties.

Land Pacific Development Sdn Bhd may be a new kid on the block, but it is very ambitious. It aims to develop projects worth a total of RM2 billion in the next four years, starting with its maiden scheme, Impiana Hills Cheras, which is slated to be launched by next quarter.

A random question that popped into his mind during a motorcycle ride 20 years ago has brought Ng Chong Kiat, managing director of CK East Group, to where he is today.

Contractor-cum-property developer Binastra Land Sdn Bhd aims to launch its flagship and largest project – the RM1.3 billion Trion Kuala Lumpur – in Chan Sow Lin, an industrial area in Kuala Lumpur, at the end of the year.

The impact of the Johor government’s move to freeze new applications for non-landed developments continued to be felt in 1Q2016, says KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan.