Frasers Property and Tan & Tan to jointly develop 5.15ha mixed-use site in Petaling Jaya, Malaysia

Tan Yee Seng, CEO of Tan & Tan, mentioned, “The location is going to gain from the government’s efforts to renew Section 13 into a much more livable and dynamic hub with eco-friendly connectors and pedestrian-friendly facilities. We look forward to introducing novel retail experiences to the community, complemented by an upscale residential development made to appeal to a wide spectrum of buyers.”

Lakegarden Residences Wingtai Holdings

Flaunting a triple-frontage at an essential crossway of Jalan Kemajuan and Jalan Profesor Diraja Ungku Aziz, the mixed-use venture is a brief drive from numerous retail and recreational facilities, including 3 Damansara, Jaya Mall, Retail @ Pacific, Mid Valley Megamall and The Gardens Shopping mall.

At the same time, the retail part is going to take the kind of a low-rise, al fresco lifestyle spot with combined neighborhood and public spaces.

Frasers Property will be jointly creating a 5.15 ha mixed-use site in Petaling Jaya, Malaysia, with Malaysian property developer Tan & Tan Developments Berhad.

” Drawing on our consolidated experiences in massive, mixed-use property developments, we aim to establish a brand-new standard for vivid urban living in the area,” claimed Soon Su Lin, CEO of Frasers Property Singapore.

Two established universities– Universiti Malaya and International Islamic University Malaysia– are likewise throughout a 1km span of the site. The mixed-use development will likewise appreciate connection to the Greater Klang Valley via major highways such as the Federal Highway and Sprint Expressway.

The location is going to be created in two stages, with the primary stage offering non commercial property developments alongside retail space and a park. Designed for families and working specialists, the homes are expected to be launched for purchase next year.

Located in Section 13 of Petaling Jaya, the master-planned precinct is envisioned as a lifestyle location that are going to secure the recurring renewal of the area, according to a joint press release provided on Aug 21.

” It stands for a significant step in expanding our development portfolio, through a disciplined, partnership-led strategy, concentrated on producing worth for the long term.”

The shared project partners will each hold an equal stake in the job, called PJ Quarter.