Kuala Lumpur, 11 January – In a media appreciation night
held here, Dato’ Soam Heng Choon, CEO and MD of IJMLand unveiled its list of
its available and upcoming projects to the press assembled here. With a
reputable collection of both residential and commercial projects in its
portfolio, the 15 active projects were grouped by region with IJMLand having a
balance of 4,800 acres of remaining landbank with a balance GDV of RM19 billion
to tap into.
The announcement to launch of three key developments this
year, namely Canal City, The Light Phase II and Sebana Cove sparked excitement
as it showcased IJM’s belief that the property market is resilient enough to
withstand the onslaught of sentiments pointing to a soft market in the first
half of the year. Crucially, the locations of each of these launches were
dispersed throughout the country with The Light Phase II in Penang, Canal City
in Kota Kemuning and Sebana Cove in Johor all highlighting the fact that demand
for properties in the main cities continue unabated regardless of market
outlook.
In fact, for the Penang market, Dato’ Soam was positively
brimming with enthusiasm when he spoke of the tremendously good take up rates
for The Light’s previous phases with The Light Phase II expecting to follow or
even chart faster uptakes as the property market in Penang remains positive
with demand outstripping supply in the state.
As for the central region, IJMLand’s plan to continue
developing its landbanks in Kota Kemuning’s Canal City and Seremban 2 in
Seremban will tap into the existing amenities and facilities to ensure the
townships continue growing in the coming years. This announcement points to
another growing trend that developers are offering the masses with affordable
homes to call its own in the coming years. Having a signature township in the
Klang Valley with the advent of Canal City, IJMLand continues its legacy of
developing townships by making inroads into Selangor.
In closing, Dato’ Soam highlighted IJMLand’s foray into the
East Malaysian state of Sabah, with developments in both Sandakan and the state
capital of Kota Kinabalu promising a stable of developments seen as timely and
relevant to the market demands.
Sh'ngVillas in KL is among the prestigious new developments available to buyers this year.
