GuocoLand embarks on RM48b world-class eco-city project


May 30, 2012 - PropertyGuru.com.my
Share | twitter | table_add Comment | email_go E-mail to friend | share Bookmark & Share
GuocoLand Malaysia, the property arm of the Hong Leong Group, will embark on the development of the RM48 billion Sepang International City, a project under the Greater Kuala Lumpur National Key Economic Area.
The 4,000-acre eco-city development is expected to secure around 50,000 jobs by 2020 and boost Malaysia's gross national income by RM19 billion.
Prime Minister Dato' Sri Mohd Najib Tun Razak announced at the Economic Transformation Programme (ETP) Progress Update briefing that the development is the biggest Entry Point Project under the Greater Kuala Lumpur/Klang Valley NKEA.
According to Yeow Wai Siew, Managing Director of GuocoLand, the group by this time is processing its authorisation requirements to begin with the construction works within the next one and a half years.
He also expects the proposed Sepang International City to serve as the catalyst in the growth and future development of Sepang and its surrounding areas.
"Sepang International City is destined to be a model city of the future, not only in Malaysia but in this region. We are honoured to undertake our second EPP initiative on the back of the award-winning Damansara City which was announced as one of the economic boosters under the ETP in January last year," he added.
The waterfront development in the southern lane of Selangor will house a hub for institutions of higher learning, leisure, residential and commercial developments, on top of a world-class urban park mirroring New York City's Central Park.
For the latest property news, trends, resources and expert opinions, visit our Property News section. Home buyers, sellers or property renters looking for Malaysian Properties, may like to visit http://www.propertyguru.com.my today.
Location: 雪兰莪 马来西亚

Comments

Post a Comment

Popular posts from this blog

Property for Sale & Rent in Johor Bahru (October 2018)

Property For Sale Location: Masai Lama Johor Bahru Property Type: Single Storey Factory Corner Tenure: Freehold Non-Bumi Built Up Area: 20022 sqft Land Area:19022 sqft Power Supply: 250 amp Ceiling Height:25 ft Sale: RM 3,988,000 (Neg) Location: Taman Gaya, Ulu Tiram Property Type: Double Storey Cluster Tenure: Freehold Non-Bumi Built Up Area: Land Area:35' x 90' sqft Power Supply: Ceiling Height: Others: NEW with Clean Title Sale: RM 1,370,000 (Neg) Property Type: Double Storey Cluster Tenure: Freehold Non-Bumi Built Up Area: Land Area:35' x 90' sqft Power Supply: Ceiling Height: Others: NEW with Clean Title Sale: RM 1,340,000 (Neg) Location: Molek Pine Apartment, Taman Molek, Johor Bahru Property Type: Apartment Tenure: Freehold Non-Bumi Built Up Area: 1,469 sqft Land Area: Power Supply: Ceiling Height: Others: Fully Renovated Sale: RM 750,000 (Neg) Location: Taman Desa Jaya, Johor Bahru Property Type: Double Storey Terrace
Read more

One Sentral Serviced Residences Nusajaya Johor

Image
Developer: Country View Resources Sdn Bhd Nusa Sentral One Sentral Serviced Residence Property Type; Serviced Apartment Tenure : Freehold Non Bumi Built up Area :740 sqft Furnish : Semi- Furnish 1 car park & 1 access card Rental Fee: RM1500 (Include Maintenance Fee) Neg Facilities Fee: TNB & SAJ borned by Tenant Contract min 24 months Term & Conditions: Down payment Deposit: 2 months RM 3,000 Down payment Rental: 1 month RM 1,500 Facilities Deposit: YES, RM 500  Prefer Family (Chinese) No allowed Pet,  as Tenant Agreement borned by Owner.   Type A 2 bedrooms + 2 bathrooms 3 Air-con 3 Ceiling Fan Sofa set Dinner table set 1 bed + waredrobe Built in Kitchen cabinet + gas cooker Welcome to contact:  Kelvin Yeo 012-7098632
Read more

Can HDB owners buy another private property? Yes you can!

Recently, I having discuss with my friends about this, "Can HDB owners buy another private property?" Maybe you share with us, what is your opinion? or comment. From: http://simplyjesme.blogspot.my/2015/07/can-hdb-owners-buy-another-private.html Question: Hearsay 1: You cannot buy a private property when you already have a HDB This misconception seems to stem from 2 policies enforced by the Ministry of National Development (MND) as part of the cooling measures for the HDB market. Answer: The first policy dates back to 2010 national rally when it was announced that concurrent ownership of both HDB flats and private residential properties within the Minimum Occupation Period (MOP) is disallowed. Private property owners who bought a HDB will need to dispose their private property within 6 months. But the reverse is not true. What the news doesn’t emphasize is that MOP is only applicable to HDB and that if one has fulfilled HDB's MOP (set at 5 years currently), you
Read more