UEM Sunrise Updates Progress of Its Properties in Malaysia
Cyberjaya (PRWEB) October 18, 2013 -- UEM Sunrise Berhad, Malaysia’s largest property development company by market capitalisation today provided progress updates of its property portfolios located in the Central Region. The progress updates were presented by the Company’s Managing Director/Chief Executive Officer, Dato’ Wan Abdullah Wan Ibrahim following a half day media familiarisation tour, which was organised to showcase and provide firsthand information of the various landed and strata properties in Malaysia developed by UEM Sunrise; featuring top selling launched projects and lifestyle experiential venues – from exclusive smart-homes to award-winning properties.
The tour took members of the media to experience the serenity and tranquility of Symphony Hills, an exclusive residential development and the Country’s first ‘Connected Intelligent Community (“CIC”), offering smart‐home features and community connectivity through high‐speed broadband. Phase 1 of Symphony Hills witnessed the introduction of 416 landed homes divided into four (4) types of residences, themed/named after history’s best music inventors and maestros – Beethoven, Mozart, Schumann and Schubert. Phase 2 of Symphony Hills, comprising two (2) residential towers known as Verdi eco‐dominiums, where 400 out of total 800 units were introduced to the market in May this year. The development has won the Malaysian Reserve Editors Choice Awards 2012 for Best Luxury Residential Development, while its clubhouse received the PAM (“Malaysian Institute of Architects”) Awards in 2012.
UEM Sunrise is renowned for its role as the master developer of Nusajaya, one of the five flagship zones and key driver of Iskandar Malaysia.
In the Central Region, backed with the formidable 45 years of combined experiences and know-how, the Company focuses on developing high rise residential and commercial developments as well as integrated projects in affluent neighbourhoods of Mont’Kiara and Dutamas. The last several years have witnessed the completion of award‐winning residential developments such as 10 Mont Kiara, 11 Mont’Kiara and 28 Mont’Kiara as well as commercial landmarks and integrated developments of Plaza Mont’Kiara and Solaris Mont’Kiara adding to the Mont’Kiara’s cosmopolitan skyline.
More recently, UEM Sunrise introduced the quint‐component Arcoris Mont’Kiara, designed by internationally renowned architectural practice, Foster+Partners. To date, three (3) components have been launched – Arcoris Suites, comprising 262 business suites ranging from 700 square feet (“sf”) to 800 sf; Arcoris SoHo, comprising 366 units ranging from 500 sf to 1,000 sf; and Arcoris Residences, comprising 331 units in variety of sizes and layout options ranging from 850 sf studio apartments to generous 2,000 sf 3‐bedroom homes. Arcoris Mont’Kiara was named Best International Commercial High rise Development at the International Residential Property Awards in 2011.
As part of the Company’s strategy to grow new core businesses and to generate new income streams, UEM Sunrise is venturing into other parts of the property value chain, including property investment, hospitality and property & facility management. In 2011, the Company opened a unique retail destination known as Publika within its 17‐acre Solaris Dutamas integrated development. Publika aspires to inject a ‘soul’ into Kuala Lumpur’s shopping experience through a concept that fuses art and culture with urban shopping and dining. Publika is home to MAP (Making Art Public), the art and cultural platform that serves as a meeting point between artists, curators, critics and the public. Its facilities include the White Box, an open exhibition gallery and Black Box, a 200‐seater experimental theatre. These public accessed spaces have hosted art and cultural exhibitions, theatre performances, film screenings, lectures, seminars and workshops, poetry readings and other community based art activities. Publika, which is celebrating its second year anniversary this month, was named the Best Brand in Real Estate (Lifestyle Category) for 2012‐2013 when it was awarded The BrandLaureate Award earlier in May this year.
“The successes of our developments in Mont’Kiara and Dutamas came from a common vision of creating sustainable environments loved by homeowners, acclaimed by investors and recognised by the industry. We are currently emulating the enriched community living experiences of Mont’Kiara and Dutamas into all of our developments including community initiatives which have been running successfully – the likes of UEM Sunrise Fun Zone, UEM Sunrise Chill Out Zone community enriching facilities, UEM Sunrise Fun Ride services and the day‐to‐day operations of our Auxiliary Police team,” commented Dato’ Wan Abdullah.
In Kuala Lumpur, UEM Sunrise is also the developer of Summer VOS situated on an overall 1.65 acre footprint along Jalan Sultan Ismail. Summer VOS is commercial block which combines 34 storeys of office space with 474 units of innovatively designed business suites (versatile office space) ranging from 444 sq ft to 866 sq ft. It is an extension to the Summer Suites tower and ideal for the discerning urban professionals seeking stylish offices at affordable prices.
About UEM Sunrise Berhad
UEM Sunrise Berhad (“UEM Sunrise” or “the Company”) is a public-listed and the largest property development company by market capitalisation on Bursa Malaysia Securities Berhad. Incorporated on 20 August 2008, the Company was formerly known as UEM Land Holdings Berhad.
UEM Sunrise is the master developer of Nusajaya, one of the five flagship zones and key driver of Iskandar Malaysia, the country’s foremost and emerging economic corridor in the Southern Region. It is envisioned that upon completion, Nusajaya will become the largest fully integrated urban development in Southeast Asia that will provide significant investment, financial and business opportunities to the economic growth and development of the region.
UEM Sunrise’s presence extends into Singapore via Marina One and DUO mixed-use developments. Outside of Asia Pacific, the Company has expanded into Vancouver, Canada through Quintet mixed‐use development, and retains a land bank in Durban, South Africa.
UEM Sunrise is the flagship company for real estate investment and property development businesses of UEM Group Berhad (“UEM Group”) and Khazanah Nasional Berhad (“Khazanah”). UEM Group is wholly‐owned by Khazanah, an investment holding company of the Malaysian Government.
For further information, please visit http://www.uemsunrise.com.
Justin Murugaya, +60 320878387, [email protected]
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