Building Investment (March-April 2021)

PROJECTS
PROJECT AT A GLANCE
Classification: Mixed development
Location: Iskandar Puteri, Johor
Approx. Project Cost: >RM30 billion
Approx. Commencement Date: 2014
Approx. Completion Date: To be announced
Artist impression: Sunway City Iskandar Puteri.
(Source: sunwaycityiskandarputeri.com)
SUNWAY CITY
ISKANDAR PUTERI
Since its establishment more than 40 years ago,
Sunway Group has become one of Malaysia’s largest
conglomerates with core interests in real estate,
construction, education, healthcare, retail and
hospitality.
Today, property development and construction
remain two of the Group’s core businesses and
key contributors to profitability. Sunway Group’s flagship project
in township development is Sunway City Kuala Lumpur, which
involved transforming 800 acres of derelict mining land into
Malaysia’s first fully integrated township spanning seven million
square feet of lettable space in Klang Valley.
Following this success, the master community developer has
launched Sunway City Ipoh in 1996, which spans about 1,350
acres with a GDV of about RM2 billion. To date, Sunway City Ipoh
receives an annual average of 1.5 million visitors and is the proud
winners of FIABCI Malaysia Property Award for the Best Master
Plan township in 2010 that hosts The Banjaran Hotsprings Retreat
a world-class wellness spa and The Lost World of Tambun, a
renowned theme park, wildlife park and petting zoo.
Over the last seven years, Sunway Group has been hard at
CREDIT LIST
DEVELOPER:
SUNWAY ISKANDAR SDN BHD (PART OF SUNWAY GROUP)
24 Mar-Apr 2021 | www.b-i.biz