Singapore's no.1 private developer FAR EAST ORGANIZATION plans to reveal its iconic flagship development in Kuala Lumpur soon.
The said project will replace the former Lucky Plaza/Central Hypermarket on Old Klang Road. The developer of close to 750 buildings in Singapore is planning an iconic mixed development here with a potential mix of retail, hotel, residences and medical suites to cater to medical tourism.
Lucky Plaza has been vacant since late last year.
Far East Organization is also mulling at redeveloping landbanks owned by its sister companies namely those under beverage maker Yeo Hiap Seng in Malaysia. It is currently redeveloping Plaza Atrium into serviced residences opposite Menara KL (off Jalan P. Ramlee).
Singapore's no.1 private developer FAR EAST ORGANIZATION plans to reveal its iconic flagship development in Kuala Lumpur soon.
The said project will replace the former Lucky Plaza/Central Hypermarket on Old Klang Road. The developer of close to 750 buildings in Singapore is planning an iconic mixed development here with a potential mix of retail, hotel, residences and medical suites to cater to medical tourism.
Lucky Plaza has been vacant since late last year.
Far East Organization is also mulling at redeveloping landbanks owned by its sister companies namely those under beverage maker Yeo Hiap Seng in Malaysia. It is currently redeveloping Plaza Atrium into serviced residences opposite Menara KL (off Jalan P. Ramlee).
FEO tends to launch its project at a premium. Its tactic is to whack a few sites close to one another, and bring up the psf for the entire area. To earn from its projects, you really have to be the first batch of buyers. And it is well known for not lowering its prices in Singapore.
Tis area is gd. But those shops around r too old Liao. Anw the pc of land is 1+acre if not mistaken. Dun think its easy to hav all hotel resi mall and medi into a small land.
nice location, access going to be challenging as they need to pass through the old shop lots and the place is notorious for having too many bottle necks
On the issue on high density development, Malaysian is still not ready because most of us are still staying in landed property.
It's only right for a developed city to have high density development. It is more environmental friendly in my opinion because the amenities can be shared and the services are centralized(less material is used). More people will use public transport as it is easier to transport huge multitude of people within a short distance.