Sunway Property's wholly-owned subsidiary, Sunway Melawati Sdn Bhd, has acquired a 7.11-hectare freehold land parcel in Taman Taynton, Cheras, for RM320 million. The prime location adjacent to the Sunway Alishan residential development will be developed into a mixed-use project with an estimated gross development value of RM3.2 billion, featuring opulent serviced apartments and a wellness-focused retail podium.
’s wholly-owned subsidiary, Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn Bhd to acquire a parcel of land for RM320 million in Cheras , here.
"The parcel is earmarked for a mixed-use development, with an estimated gross development value of RM3.2 billion. Sunway Property managing director Sarena Cheah said the acquisition represents an exciting opportunity to meet the growing demand for high-quality, integrated developments in Kuala Lumpur.
"We are confident that this development will catalyse and elevate growth in the surrounding area,” she said.
Sunway Property Acquisition Cheras Land Development Mixed-Use Project
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