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Investment SUNWAY VELOCITY TWO @ JALAN PEEL, Sunway JV CRSC Prop Former Lemon Tree

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TSaccetera
post Sep 22 2013, 10:22 PM, updated 7y ago

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Sunway City in Cheras JV 8.45-acre property project, GDV RM2.5 billion
The Star | Friday, 10 February 2017 | MYT 7:50 PM
http://www.thestar.com.my/business/busines...oject-gdv-rm2b/


KUALA LUMPUR: Sunway Property's unit has purchased an 8.45 acre leasehold land in Jalan Peel, Cheras where it will jointly undertake a property project with an estimate gross development value (GDV) of RM2.5 billion.

Sunway City Sdn Bhd (SunCity) had on Friday inked a joint venture agreement to develop the leasehold land, which is opposite its iconic Sunway Velocity development.


QUOTE
Earlier:

CRSC Group joints venture YWPKL to redevelop 8 acres land "MRT-linked" development on Jalan Peel, Cheras

A Joint-Venture Project with Yayasan Wilayah Persekutuan Kuala Lumpur (Land Owner) to develop a 8 acres land located in Jalan Peel in the vicinity of Kuala Lumpur. The propsoed development will encompass a mix of high quality commercial towers with a comfortable and safe environment complete with green landscapes, efficient internal circulation systems and infrastructure. The development will be serviced by an MRT station and LRT station. This development is expected to have an estimated GDV of RM1 billion.

Website: http://www.crscproperty.com/Future-D...emon-Tree.aspx
This post has been edited by accetera: Feb 16 2017, 10:34 PM
cheong87
post Sep 22 2013, 10:46 PM

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wow another bbb?duno how much psf
ManutdGiggs
post Sep 22 2013, 10:48 PM

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Velocity oledi 1k. Tis 1.2k?
ecin
post Sep 22 2013, 10:50 PM

location
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QUOTE(accetera @ Sep 22 2013, 10:22 PM)
CRSC Group joints venture YWPKL to redevelop 7.8 acre land "MRT-linked" development on Jalan Peel, Cheras

A Joint-Venture Project with Yayasan Wilayah Persekutuan Kuala Lumpur (Land Owner) to develop a 7.8 acre land located in Jalan Peel in the vicinity of Kuala Lumpur. The propsoed development will encompass a mix of high quality commercial towers with a comfortable and safe environment complete with green landscapes, efficient internal circulation systems and infrastructure. The development will be serviced by an MRT station and LRT station. This development is expected to have an estimated GDV of RM1 billion.

Website: http://www.crscproperty.com/Future-D...emon-Tree.aspx
*
LEMON TREE CITY!

".. a mix of high quality commercial towers .."
is there any residential-purpose (soho, service apartment) development or purely real Commercial Towers only? Any clue?
Helius
post Sep 22 2013, 10:53 PM

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Lemon is sour...
wil-i-am
post Sep 22 2013, 11:10 PM

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Hopefully dun eat Lemon
beautiful.life
post Sep 22 2013, 11:13 PM

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This one is IKEA?
ecin
post Sep 22 2013, 11:17 PM

location
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QUOTE(beautiful.life @ Sep 22 2013, 11:13 PM)
This one is IKEA?
*
nope
TSaccetera
post Sep 22 2013, 11:23 PM

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QUOTE(beautiful.life @ Sep 22 2013, 11:13 PM)
This one is IKEA?
*
That one is this https://forum.lowyat.net/topic/2890694
tvz32
post Sep 22 2013, 11:30 PM

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Funny name...
cheryee
post Sep 23 2013, 06:34 AM

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QUOTE(ecin @ Sep 22 2013, 11:17 PM)
nope
*
ecin kor,

This is which part of Jalan Peel? Opposite Velocity?
Glcotan
post Sep 23 2013, 06:37 AM


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Haha... Funny name...
When durian tree coming?
kokyew82
post Sep 23 2013, 11:28 AM

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The development is where the "Drunken Cat Tilapia" restaurant located?

Need to go eat again until it officially becomes history wink.gif
Kelv
post Sep 23 2013, 11:59 AM

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QUOTE(accetera @ Sep 22 2013, 10:22 PM)
CRSC Group joints venture YWPKL to redevelop 7.8 acre land "MRT-linked" development on Jalan Peel, Cheras

A Joint-Venture Project with Yayasan Wilayah Persekutuan Kuala Lumpur (Land Owner) to develop a 7.8 acre land located in Jalan Peel in the vicinity of Kuala Lumpur. The propsoed development will encompass a mix of high quality commercial towers with a comfortable and safe environment complete with green landscapes, efficient internal circulation systems and infrastructure. The development will be serviced by an MRT station and LRT station. This development is expected to have an estimated GDV of RM1 billion.

Website: http://www.crscproperty.com/Future-D...emon-Tree.aspx
*
Link fixed: http://www.crscproperty.com/Future-Develop...Lemon-Tree.aspx

Btw, commercial only is it?
Helius
post Sep 23 2013, 12:01 PM

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Very strategic location with upcoming mega project around.... Just wonder where is this 7 acre land located.....
ecin
post Sep 23 2013, 12:24 PM

location
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QUOTE(cheryee @ Sep 23 2013, 06:34 AM)
ecin kor,

This is which part of Jalan Peel? Opposite Velocity?
*
exact location I don't know .. for things if I remember correctly, quoted from where I've forgotten, this will link with Ikea/Ikano, Mutiara 482, Sunway Velocity .. all link together
iamWill
post Sep 23 2013, 12:29 PM

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All those who have made money 2010-2013 can continue bbb, newcomers like us can only ccc(see see see) lol
cheryee
post Sep 23 2013, 12:30 PM

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QUOTE(Helius @ Sep 23 2013, 12:01 PM)
Very strategic location with upcoming mega project around.... Just wonder where is this 7 acre land located.....
*
There are 2 parts to Jln Peel ie Part A = Velocity and the land opposite it, Part B = Aeon Big, Convent Peel Road, the opposite shophouses and PPR.

I guess Lemon Tree is the land opposite Velocity where there is a stretch of squatters, workshops and restaurants up to right before the IPD Cheras. smile.gif


kimusu2002
post Sep 23 2013, 01:27 PM

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I think you are right on the location...

My parents and I were borned and raised in jalan peel, that place brings back nostalgia....

QUOTE(cheryee @ Sep 23 2013, 12:30 PM)
There are 2 parts to Jln Peel ie Part A = Velocity and the land opposite it, Part B = Aeon Big, Convent Peel Road, the opposite shophouses and PPR.

I guess Lemon Tree is the land opposite Velocity where there is a stretch of squatters, workshops and restaurants up to right before the IPD Cheras.  smile.gif
*
cheryee
post Sep 23 2013, 02:11 PM

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QUOTE(kimusu2002 @ Sep 23 2013, 01:27 PM)
I think you are right on the location...

My parents and I were borned and raised in jalan peel, that place brings back nostalgia....
*
I have spent at least 15 years in Jln Peel by attending kindy, primary and secondary school therel! Also brings back a lot of nostalgia for me ... tongue.gif

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