PETALING JAYA (Feb 1): Sunway Bhd (Sunway) wholly-owned subsidiary Sunway Kinrara Sdn Bhd has signed a sale and purchase agreement (SPA) to acquire a 3.34-acre parcel of prime freehold land from CTM Development Sdn Bhd in Taman Mutiara, Kuala Lumpur at a purchase consideration of RM42 million. Sunway plans to develop exclusive homes to fit the new norm and lifestyle.
The residential development on the land will comprise town houses and condominiums. It is expected to be ready for launch by the first half of 2022 (1H22) with a tentative completion date in 2026 to contribute to Sunway’s earnings from 2022.
Sunway Property managing director Sarena Cheah said in a press release: “The proposed freehold, close-to-transit development will cater to pent-up demand for larger living spaces with more activities done at home as part of the new normal including working from home. In addition, we are planning for spacious and functional outdoor areas within the development with health and
MASTER community developer Sunway Property recently unveiled the highly anticipated final residential phase of Sunway Velocity TWO, Tower C.
The development located a mere 3.8km from Kuala Lumpur City Centre comprises three plots, which are linked to the high demand Sunway Velocity development.
Plot A has two residential towers (Tower A and B), an office tower and retail units.
Plot B has two residential blocks and retail units while Plot C is a commercial component.
First launched in 2018, Sunway Velocity TWO’s Towers A and B were fully sold out in less than a year, and are planned for vacant possession in 2022.
Celebration for the country’s ACCA Top Affiliate, ACCA & CAT Prize Winners
SUNWAY TES’ CAT and ACCA students have proven once again that being top in the nation and world is a possible feat.
A result of hard work coupled with a strong foundation provided by a reputable education provider, this proves that it is very possible to shine and rise to the top given the right guidance and attitude.
As testament to its quality of education, multiple world prize and Malaysian awards were achieved by Sunway TES for the ACCA September 2020 exam sitting.
Tan Xue Wern is the first in Malaysia as the ACCA Top Affiliate