Sunway Velocity, South Quay Projects Attract Interest At MIPIM

By Tengku Noor Shamsiah Tengku Abdullah SINGAPORE, Nov 23 (Bernama) -- Sunway Integrated Properties has received keen interest from buyers and investors for its Sunway Velocity and Sunway South Quay projects that were showcased at the recently concluded MIPIM Asia 2011 in Hong Kong. Sunway Integrated Properties is the property division of Sunway Berhad, one of Malaysia's top 10 private developers and a pioneer in integrated properties development encompassing residential, hospitality, retail, leisure, commercial, healthcare and education properties in Malaysia and overseas. "Although the event here is all exploratory, there is keen interest around. Over here they also invite us to their own country to develop because we are quite internationalised. "We are in China, India, Vietnam, Australia, Cambodia, Singapore," Sunway Group managing director for Property Development, Ho Hon Sang, told Bernama. Sunway Integrated Properties has formed strategic collaborations with various foreign business partners in these fast-growing economies to provide superior product offerings and services. Sunway Integrated Properties was among the Malaysian participants at the Malaysian Pavilion, at the three-day trade show at the Hong Kong Convention and Exhibition Centre on Nov 14-17. The Malaysia Pavilion was initiated by Malaysia Property Inc, a Malaysian government initiative that acts as a "bridge" between institutions and the corporate and private sectors. Ho said Sunway Velocity is strategically located within 3.8km of the highly prestigious and coveted Kuala Lumpur City Centre address. Spread over 8.91ha of prime freehold land, Sunway Velocity is a vibrant integrated development with well-planned features that complement today’s modern lifestyle -- a lifestyle shopping mall and retail lots, office suites and serviced apartments. Meanwhile, he said the RM5.2 billion (US$1.73 million) Sunway South Quay (SSQ) is a 72.1ha lakeside metropolis that represents the ultimate essence and vision of resort living located within the award-winning Sunway Integrated Resort City. SSQ is a master plan that will be developed in 12 phases, whereby each precinct is gated and guarded. This distinguished development is set to project different themes and concepts at the various enclaves with diverse products such as sophisticated bungalow villas for elite living and contemporary condominiums graced with a brilliant view of the lake. Ho added the MPI has done a good job to promote Malaysia, adding this was the first time Malaysian developers got together through MPI to exhibit what we have. "We believe Malaysia has a lot of good things but we don't have the right channel to exhibit what we have. Amongst others, we are in Australia, Singapore and in Cambodia, all this while we do in our own way. "This platform is good in the sense that MPI can promote Malaysia," he added. -- BERNAMA