25 minute read
A round up of events and happenings within the industry
(Source: visitsingapore.com)
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Geo Connect Asia 2021 to debut in Singapore in reimagined format
International events organiser Montgomery Asia has announced that its highly anticipated flagship geospatial and location intelligence tradeshow for Southeast Asia, Geo Connect Asia, has gone hybrid. Bringing together the latest innovations in smart cities, digital construction, remote sensing and UAVs amongst many others, Geo Connect Asia 2021 will take place at the heart of Singapore on 24 - 25 March 2021, with a physical event to be held at the Marina Bay Sands Expo & Convention Centre and via virtual platform (https://www.geoconnectasia.com).
Themed “Global Solutions for Asia’s Geospatial & Location Intelligence Markets”, Geo Connect Asia (GCA) 2021 sets to be Singapore’s first large-scale physical-virtual event to date in 2021, combining a two-day conference, technical talks and plenary sessions to provide a forum for an industry that is crucial to regional development as ASEAN economies continue to recover from the impact of the pandemic.
By going hybrid, Geo Connect Asia 2021 is able to offer both physical and virtual attendees an engaging, seamless, and immersive experience. At the physical event, a range of interactive activities will be available, offering extensive learning as well as face-to-face business meetings and networking opportunities.
At the virtual event, the Show Floor will host up to 50 companies to create a meeting space, which visitors can easily navigate, with international companies making up more than half of the suppliers. In addition, virtual attendees will be able to change their viewing preferences at any time, providing a bespoke and highly curated experience for each visitor.
The event highlight is the Geo Connect Asia Conference themed, “Mapping the Data-driven Future Economy”. It will feature 40 high-level international speakers and thought leaders from across the global geospatial industry, providing a strategic and collaborative platform for industry professionals, government agencies, start-ups and more to exchange knowledge, expand networks, and develop global solutions for burgeoning geospatial & location intelligence markets across Asia.
The two-day conference will comprise various panel sessions where industry experts will share invaluable insights, provide responses to real and current challenges and will also facilitate both face-to-face and virtual business meetings to be conducted in the safe environment complying to Safe Management Measures (SMM).
The event will also include complimentary technical seminars from global experts that have been curated for the geospatial community to learn more about current market insights, trends and the impact of innovative disruptive technologies that could bring positive change across the diverse range of industries relevant to GCA 2021.
480 kW site in Nilai, Malaysia.
Cleantech Solar powers up three new solar projects at AkzoNobel’s Malaysia and Thailand manufacturing facilities
Three rooftop solar PV systems at AkzoNobel sites in Malaysia and Thailand have been commissioned by Cleantech Solar under long-term agreements where Cleantech Solar has funded, built, and will operate and maintain the systems throughout the term of the agreement.
Two of the sites are located in Chon Buri and Samut Sakhon, Thailand and the third site is located in Nilai, Malaysia. The combined 1.6 MW solar power plants saw 7,818 panels installed across the industrial coatings sites and are targeted to avoid about 28,000 tonnes of CO2 emissions across the term of the agreement.
The solar power plants will help AkzoNobel progress towards its target in sourcing 100% renewable electricity by 2030 as part of its RE100 commitment.
Wijnand Bruinsma, Program Manager Sustainability at AkzoNobel, said: “At AkzoNobel, sustainability is one of our core principles. We strive to lead our industry by empowering people, reducing our impact on the planet and consistently innovating to deliver the most sustainable solutions for our customers. That is why we call our approach to sustainable business ‘People. Planet. Paint.’ It is about focusing on the things we can truly influence. Through our partnership with Cleantech Solar, we are delivering on our ambition to reduce energy use and lower CO2 emissions while increasing our use of renewable energy.”
“Cleantech Solar takes great pride in the fact that we are working together with AkzoNobel, an industry leader and established member of RE100, to make a switch to clean and competitive electricity in order to meet their social, environmental and economic performance targets,” said Raju Shukla, Cleantech Solar Founder and Executive Chairman.
Cleantech Solar is a pan-Asia supplier of renewable energy to corporates, combining the capabilities of a regional player with responsiveness and agility. Headquartered in Singapore, Cleantech Solar has been selected for numerous solar power plants across India and Southeast Asia, covering over 500 MW across the various stages of operations, construction and development. This includes installations in India, Indonesia, Cambodia, Malaysia, Thailand, Vietnam and Singapore.
916 kW site in Chon Buri, Thailand.
240 kW site in Samut Sakhon ,Thailand.
Grundfos launches investment-free guaranteed energy savings programme for Thai businesses
Grundfos, a leading pump and water solutions manufacturer, has launched a new service model in Thailand that can help local businesses cut energy consumption by more than one-third, achieving greater sustainability at a lower cost while supporting the country’s goal of reducing greenhouse gas emissions by at least 20% by 20301 .
Grundfos Energy Earnings (GEE) is a new shared energy saving programme where Grundfos absorbs the investment cost of replacing customers’ current equipment with new environmentally friendly solutions, as well as installation and ongoing maintenance. Under this new self-funding service model, Grundfos and customers will share the realised savings from GEE for five years. Products offered through GEE include LS pumps, controllers and energy-efficient motors.
Pumps account for 10% of global energy consumption and therefore, switching to newer technology can have a significant positive impact. Advanced pump solutions, which can be used for various applications across diverse segments, are especially suitable for the hospitality industry where hotels, entertainment arenas and other facilities play a critical role in supporting the Thai economy. GEE can also help municipal electricity authorities reduce their energy consumption.
Mr Lewis Brown, Grundfos Regional Service Business Developer, Asia Pacific Region, said, “Sustainability is a very important part of Grundfos’ DNA. The pandemic this year has reaffirmed the importance of achieving our climate ambitions, as we are reminded of the impact human activities have on the environment. We are committed to helping our customers to reduce their water and energy consumption to limit their carbon footprint.
Mr Lewis Brown, Grundfos Regional Service Business Developer, Asia Pacific Region.
“At the same time, we aim to demonstrate that financial and environmental goals are not mutually exclusive. Our GEE model showcases the benefits of replacing energy-intensive equipment with our pioneering technology that can reduce both environmental and financial costs.”
Grundfos this year launched GEE with Ramayana Water Park in Pattaya, replacing the existing pumps at Thailand’s largest water park and enabling it to reduce its energy consumption by 31%. The project will exceed 1,000,000 kWh in savings and 450 tonnes of CO2 emissions – about the same as permanently removing 170 cars off the road.
Financial savings for a customer can reach up to 1.5 million baht per year of cost saving.
“These savings will have a significant impact on our customers’ bottom line, as well as our commitment towards sustainability and the environment. We forecast to reach 30 Asia Pacific customers within the next five years,” said Mr Brown.
The new GX 300 Gyroscopic Mixer.
Teko launches revolutionary gyro mixer in Indonesia, Philippines and Malaysia
Asia-based member of Inkmaker Group, Teko Tinting and Engineering, has launched a game-changing gyro mixer on 5 February 2021, in time for the Chinese New Year celebrations.
Developed with industry giant Fast and Fluid Management (FFM), the new GX 300 Gyroscopic Mixer – part of Teko’s recently launched XCELR8 series – combines smart-tech intelligence with user-friendly simplicity.
“I am very enthusiastic to see a machine like, which redefines the standards of entry-level gyro mixers, offering the superior performance more typically reserved for industrial equipment,” said Mr Luca Pignatti, Area Sales Manager, Teko Tinting and Engineering.
Mr Pignatti then explained that the FFM GX 300 is packed with innovations, allowing the machine to automatically select the best mixing cycles once the mixing time is chosen.
“We have tested several units on a trial basis with our customers for a planned release in Q2, but the overwhelming positive feedback has justified one of our fastest decisions to launch ahead of schedule,” he added.
The GX 300 is specifically designed through industry-4.0 technology to facilitate user experience. It offers advanced diagnostic through computer connectivity and intelligent balance – making this new entry an innovation in high demand for paint resellers of any size.
To support this new highperformance technology and the related FFM equipment, Teko’s has created a dedicated on-line support plan known as the XCELPRO (a customisable software suite), which communicates directly with the Teko Support Team. The support plan can be configured to the needs of individual customers, allowing up to three-year warranty, installation, multiple on-site inspections, operator training and more.
“Being the latest development with our long-standing partner FFM, we are sure that the GX 300 will provide paint manufacturers with another innovation they can rely on to accelerate business. Additionally, we are developing an interrelated product, which our market research reveals is of great demand in the paint market and of which we plan to launch soon.”
Mr Luca Pignatti, Area Sales Manager, Teko Tinting and Engineering.
PNB Merdeka Ventures appoints edotco Malaysia as next generation connectivity solutions provider for Merdeka 118
PNB Merdeka Ventures Sdn Bhd (“PMSVB”), a wholly-owned subsidiary of Permodalan Nasional Bhd (“PNB”), has appointed edotco Malaysia as its partner to equip the much-anticipated Merdeka 118 tower with next generation telecommunications technology solutions befitting the building’s future-ready infrastructure.
“This paves the way for edotco Malaysia to design, provide and maintain build-to-suit inbuilding telecommunications solutions (IBS), enabling seamless and reliable connectivity for the iconic tower. Equipping the tower with the next generation IBS technology ensures greater coverage in blind spots such as lifts as well as the basement, creating an enhanced user experience,” the company said in a statement.
Antennae, repeaters and other nextgeneration IBS will be installed within the premises to meet capacity demands and provide extensive coverage at every level of the tower, in preparation for future hyper connectivity. The ready availability of innovative telecommunications infrastructure enables mobile network operators to rapidly offer high speed connectivity without major investment via a plug-and-play model, and provide the infrastructure for newer telecommunications technologies to be modularly added as occupancy increases.
PNB’s Chief Investment Officer of Real Estate, Mr Rick Ramli said: “This marks an integral part of Merdeka 118’s progress as we move closer to completion. Currently at 70% completed, we look forward to embarking on the next phase of powering up Merdeka 118 with next generation connectivity technologies to support future communication needs.” edotco Group Chief Regional Officer and edotco Malaysia Managing Director Wan Zainal Adileen commented, “The Merdeka 118 tower ranks in the league of one of the world’s engineering wonders and we are pleased for the opportunity to partner with PNB Merdeka Ventures on our capability and expertise to enable future-ready telecommunications.”
Services by edotco will include telecommunication infrastructure for the office, hotel tower and retail mall. The 3-million-square-foot development soars into the clouds at 635 metres tall. Merdeka 118 is set to be the tallest building in Southeast Asia upon completion in 2022. Installation works for the IBS will be completed in time for the landmark tower’s opening.
Artist impression: Merdeka 118.
MTC to launch its first Engineer Placement and Internship in Timber Industry Programme
The Malaysian Timber Council (MTC) sets to launch its maiden programme in March for engineers, wood technology graduates as well as undergraduates to be absorbed into timber-based companies for training and internship purposes that may lead to them building successful careers in the industry.
The MTC Engineer Placement and Internship in Industry Programme 2021 will be a collaboration between the Council, higher learning institutions in the country and timber associations.
“The need for engineers is becoming more crucial as timber-based manufacturers remodel their operations towards digitalisation and smart manufacturing primarily due to the impact of the COVID-19 pandemic on businesses,” said MTC CEO Muhtar Suhaili, adding that the subtleties of most manufacturing processes are best understood by engineers.
He said the programme is part of the MTC’s Five-Year plan, which focuses on building the knowledge talent in the industry.
The Engineer Placement programme is a one-year programme for engineers to receive on-the-job training under the guidance of a professional while the Internship Programme is open to undergraduates who are doing their industrial training. MTC will absorb the training cost as well as provide allowances.
Muhtar also said the programme will be jointly launched by the Minister of Plantation Industries and Commodities, YB Dato’ Dr Mohd Khairuddin Aman Razali and the Minister of Higher Learning, YB Datuk Seri Dr Noraini Ahmad who will see the MoU signing between MTC, six timber associations, eight universities and two polytechnics.
MTC CEO Tuan Muhtar Suhaili.
Tropicana strengthens its senior leadership team
Tropicana Corporation Berhad has announced the promotion of Mr Lee Han Ming as its Group CEO.
Lee will step up and join Tropicana Group Managing Director, Dion Tan in the senior leadership team.
This new addition is part of Tropicana’s strategic move to strengthen its team as well as steer the Group forward as it focuses on identifying, optimising and unlocking its landbank through careful planning, development and value creation, said the property developer in a statement.
Lee, a civil engineer by profession with over 30 years of experience in the property sector under his belt, joined Tropicana in 2018 as the Group Managing Director of the Project Division.
“We are pleased to welcome such a valuable board member at this pivotal time. Lee’s background and experience in the property industry has been a great asset for our Group in the planning and development of our signature townships. We are very grateful for his contributions and together, we aim to positively impact not just our business ecosystem but to build a more resilient and agile corporation,” said Dion Tan. Tropicana strives to realise the potential value of their 2,344-acre total landbank with an estimated RM80 billion GDV, adding to their stable of over 50 completed properties and six ongoing townships with more underway.
Mr Lee Han Ming as its Group CEO.
Inaugural Real Estate Asia Awards to recognise the best property developers in the region
Realestateasia.com, the B2B website for the real estate industry, has launched the inaugural Real Estate Asia Awards to recognise best-in-class property developers for their projects and initiatives in the region, and to help give the pandemic-impacted industry a much needed boost.
“The unforeseen circumstances brought upon by the pandemic have greatly impacted the real estate sector, from project developments and construction right to sales operations. Travel bans and lockdown measures have also affected the industry players as transactions were put on ice due to the crisis. Now more than ever, developers and investors alike must remain resilient in order to thrive amidst these testing times,” said Tim Charlton, CEO of Realestateasia. com. 2020 was understandably a slow year for the real estate industry with transactions down 31% to US$134.6 billion, the lowest since 2012. However, according to Charlton, the shift to e-commerce saw a boom in logistics property and as the recovery gets underway all real estate sectors in Asia will pick up.
Entries for the Real Estate Awards will be evaluated by an expert panel of judges based on uniqueness and innovation, effectiveness and impact, and dynamism. The awards nominations can be made via realestate.com official website and will close 19 March 2021. Winners will be announced 15 April 2021.
In addition to awards for excellence in development, other categories such as Sustainability, Corporate and Social Responsibility, and Marketing will be recognised. There will also be an award for CEO of the year.
“The way people live, shop, and work have all altered, and the way people will want to do all of these will fundamentally change out of COVID-19. The Real Estate Asia Awards will recognise the best developers adapting to these changing times,” added Charlton.
Oakwood® has announced the opening date of its seventh property in Thailand, and fourth in the capital, Oakwood Hotel & Residence Bangkok. Following the commercial success of Oakwood Hotel & Residence Sri Racha, VMPC Group awarded Oakwood its second management agreement during a recent signing ceremony. Oakwood Hotel & Residence Bangkok, scheduled to open on 19 May 2021, will add 142 elegantly appointed studios and onebedroom apartments to the Thai capital.
“We are delighted to receive this vote of confidence from VMPC Group. The opportunity to manage this premium real estate on their behalf is a privilege we do not take lightly. Oakwood Hotel & Residence Bangkok will enhance the hospitality landscape surrounding the iconic Chao Phraya River and offer an elevated experience for guests seeking a residential stay. Drumming the heartbeat of local Thai community whilst delivering the spirit of Bangkok with life along the river, global travellers can finally enjoy a personal safe sanctuary where they can define hospitality excellence on their own terms,” said Dean Schreiber, interim chief executive officer of Oakwood.
Located a short distance away from Asiatique The Riverfront, a famed openair mall by the river as well as ICON SIAM, one of the largest shopping malls in Asia, Oakwood Hotel & Residence Bangkok also offers the convenience of being flanked between two BTS train stations – Saphan Taksin and Surasak. Guests of the property will enjoy amenities such as an outdoor swimming pool, fitness centre, sauna, two meeting venues, lobby bar, restaurant as well as a Residence Lounge.
“The success of Oakwood Hotel & Residence Sri Racha gave us confidence in Oakwood’s business model. We believe that Oakwood’s international acclaim for delivering world-class service excellence and strong global network will add value to our property. Bangkok has tremendous potential for a differentiated hospitality experience, especially in the area along the Chao Phraya River. The opening of Oakwood Hotel & Residence Bangkok puts us in good stead to elevate the standard of residential lifestyle for local guests and the gradual return of international visitors,” said Prinya Tieanworn, chief executive officer of VMPC Group.
Platinum Victory continues to thrive despite challenging property landscape
Despite a challenging past year for property developers, Platinum Victory has made available competitively-priced residential properties to Malaysia’s growing urban and middle-class.
Two of its projects launched in 2019, Platinum Arena Residences and PV9 Residences, were sold out last year. Platinum Arena Residences is a sportsthemed mixed development with 728 serviced apartment units located on a 2.9acre land parcel in Old Klang Road neighbourhood; Setapak’s PV9 Residences is a 5.57acre development offering 953 units with built-ups from 1,000 to 1,300 sq ft, and 438 units of affordable housing under the Residensi Wilayah scheme (also known as RUMAWIP).
Thanks to the positive grown in the second half of 2020, Platinum Victory’s three new residential property launches saw a good take up rate of up to 90% and a conversation rate of 50%. These projects are Vista Sentul Residences, Vista Danau Kota Residensi Wilayah and MH Platinum 2 Residences. The total GDV of the new launches amounts to RM1.228 billion.
Maintaining its steady pace of rolling out projects almost every quarter, Platinum Victory is gearing up to launch more value-for-money and affordable homes in the Klang Valley. This include Vista Saujana, a low-density project with only 200 units; and Vista Dedanau, which is set aside as housing for civil service workforce (Perumahan Penjawat Awam Malaysia – PPAM).
In a bid to strengthen its position and lend their property expertise in the industry, Platinum Victory has been embarking on strategic partnerships collaborations. Following the successful completion of MH Platinum 2 Residences, a 4.72-acre project in Setapak jointly curated with MH Property, the next collaborative initiative that has taken flight is with Jakel Group for the development of J.Satine - an exciting mixed development project located on a 12-acre site within Setapak. It will encompass Residensi Wilayah and SOHO residential units, as well as commercial units.
Another key development set to open its door in 2021 is The Ark by Platinum Victory, a uniquely modern 12-acre community-based hub in Setapak. In addition to being a one-stop destination for home and design inspiration, it also features artisanal F&B outlets and a variety of special retail concept stores.
“The market for new home ownership especially among millennials, young families and new house buyers continues to grow steadily and drive demand for affordable housing here. As a property developer with reputable track record, we want to continue to meet the demand for good quality homes in prime locations!” said Gan Yee Hin, Executive Director of Platinum Victory. He also expressed hope
Artist impression: Platinum Victory is collaborating with Jakel Group for the development of J.Satine, which will encompass Residensi Wilayah, SOHO residential units and commercial units.
Artist impression: The Ark by Platinum Victory. Artist impression: Among Platinum Victory’s residential projects launched in 2020 are MH Platinum 2 Residences, jointly curated with MH Property.
Artist impression: Vista Danau Kota Residensi Wilayah.
Artist impression: Vista Sentul Residences.
that all stakeholders should continue to lend unwavering support towards the cause.
UOB’s U-Solar programme contributes to greenhouse gas savings across ASEAN
In just over a year since its launch in October 2019, UOB’s U-Solar programme has facilitated the generation of nearly 160 gigawatt hours of solar power across ASEAN, reducing more than 77,200 tonnes CO2-equivalent (tCO2e) in greenhouse gas (GHG) emissions, equivalent having to about 1.3 million new tree seedlings grow over 10 years or taking almost 17,000 cars off the road for one year.
U-Solar is Asia’s first solar industry ecosystem to power the development and adoption of renewable energy across Southeast Asia, and is part of the UOB Smart City Sustainable Finance Framework. Through U-Solar, the Bank offers a suite of financial solutions to support the solar power value chain, from solar project developers, engineering, procurement and construction (EPC) contractors, as well as the end-users of solar power, including consumers and companies.
UOB also offers 0% interest on instalment plans for business and homeowners switching to solar power through tie-ups with local solar power service providers. Over the last few months, the Bank added three EPCC firms – PT Selaras Daya Utama in Indonesia, Pekat Solar Sdn Bhd in Malaysia and BECIS-Symbior in Thailand – to its network of U-Solar partners, bringing the total to 14 across the region.
In Malaysia, the U-Solar programme helped to generate 29,300 megawatt hours (MWh) in solar power as at end2020 that equates to over 19,000 tCO2-e in GHG emission reduction, or more than 316,000 tree seedlings grown for 10 years or more than 4,100 cars taken off the road for one year.
Ms Ng Wei Wei, Country Head of Wholesale Banking, UOB Malaysia, said, “UOB Malaysia is positive about the market demand for solar power solutions. We have built a strong pipeline of deals and expect the demand for our U-Solar solutions to increase with the measures introduced under Malaysia’s National Budget 2021 and the new Net Energy Metering (NEM) 3.0 programme. These measures will further raise private sector participation, mainly in the manufacturing, industrial and services industries, to invest in green technology and clean energy.”
In November 2020, UOB Malaysia was recognised for its efforts in promoting solar power adoption to businesses and consumers in Malaysia. The Bank received a Special Award for Sustainable Energy Financing (Conventional Financing) at the Ministry of Energy and Natural Resources Malaysia’s National Energy Awards 2020.
Ms Ng Wei Wei, Country Head of Wholesale Banking, UOB Malaysia.
Mitsubishi Electric has launched two types of SCADA software for system monitoring and process control under the series name GENESIS64.
Mitsubishi Electric renews SCADA lineup
Supporting the increasing focus on digital manufacturing and IoT, Mitsubishi Electric has renewed its SCADA lineup, now offering two types of software for system monitoring and process control under the series name “GENESIS64”, replacing the existing “MC Works64” SCADA software.
The new lineup will meet the diversifying IoT needs, covering a wide variety of purposes from small production line monitoring and control to multi-site monitoring and business intelligence (BI) of plant-wide systems, process automation as well as utility and building automation. The “GENESIS64 Basic SCADA” is an entrylevel software with essential functions for small production lines, and the “GENESIS64 Advanced Application Server” is a full SCADA suite for large-scale monitoring of factories, buildings and utilities.
The “GENESIS64 Basic SCADA” facilitates the visualization of data in small applications but can also be scaled up to medium applications with optional add-ons depending on requirements of the customer.
For customers with bigger system needs, “GENESIS64 Advanced Application Server” helps create a serverless system using cloud computing, which will facilitate the construction of redundant, multilocation or other highly secure, large-scale systems. This “top end” software can also connect to wearable devices such as smart glasses and smart watches, supporting customers interested in introducing remote monitoring or giving work instructions remotely. Furthermore, the software can be operated by voice commands with the use of AI smart assistant speakers so operators can avoid touching the monitoring screen - another function that supports the ‘new normal’ in the manufacturing world.
With the renewal of the SCADA lineup, Mitsubishi Electric customers will have a unified one-stop access to SCADA solutions provided by the U.S.-based ICONICS, Inc., a SCADA and IoT analysis software company acquired by Mitsubishi Electric in 2019. Customers will be able to benefit from the combination of ICONICS’ software technology and Mitsubishi Electric’s FA technology spanning expanded software products and services from the edge to the cloud, all targeted at helping customers solve their automation and process control issues.
This integration is initially demonstrated in the direct connection of Mitsubishi Electric PLCs to the GENESIS64 SCADA software, achieving automatic detection and smooth startup while eliminating the need for an OPC server.
MC Works64 supports server.
Sky’s the limit for Setia Awan
For over three decades, Setia Awan Group’s property management arm has played its role in contributing to the nation’s growth and advancement to make great strides in the Malaysian real estate development arena. Setia Awan has a well-established presence as one of the leading property developers in Perak with projects across the northwest state as well as Melaka, Negeri Sembilan and Kuala Lumpur, which have an estimated cumulative gross development value (GDV) of RM3 billion.
Setia Awan has been one of the crucial players that have directly contributed to the growth of two major hotspots in Perak, starting with pocket projects around Sitiawan and Seri Manjung, which became a crucial foundation for the developed districts they have become today. The company has continued developing these areas to this day by building multiple townships with thousands of residential units, commercial and retail buildings that have enabled both districts to bustle with economic activities and job opportunities.
“While we are considered young in the property development sector, Setia Awan has found continued success through the company’s core values of innovation, sustainability and quality. Many of our homebuyers and customers trust in our capabilities to ensure that our properties are designed to create quality lifestyles, while also offering sustainable commercial value for our
Artist impression: Astrum Ampang.
stakeholders,” said Ng Teck Hua, Executive Director, Setia Awan Group Central Region.
In recent years, Setia Awan has expanded its expertise in property development to Melaka (Sri Melaka Residensi) and Negeri Sembilan (Kemayan Heights S2). The company has also launched Brezza Hill Residensi, its first project in Kuala Lumpur, which is surrounded by gazetted forest reserve with a skyline view of the city centre.
Moving forward, Setia Awan is set to launch its second project venture in the Klang Valley – Astrum Ampang. The 6.75-acre mixed use transit-oriented development (TOD) will consist of mostly residential components, and is connected to the Jelatek LRT station.
The SOHO transit concept has a built up area of 280 sq ft and is affordably priced at only RM230,000 per unit. Slated to be launched in Q2 2021, more details on the Astrum Ampang project will be revealed within the coming months.