Frasers Property and Tan & Tan to jointly develop 5.15ha mixed-use site in Petaling Jaya, Malaysia

Situated in Section 13 of Petaling Jaya, the master-planned precinct is visualized as a lifestyle place that will secure the ongoing renewal of the area, according to a joint news release provided on Aug 21.

Upperhouse UOL Group Limited and Singapore Land Group (Singland)

At the same time, the retail component is going to take the kind of a low-rise, al fresco lifestyle destination with combined neighborhood and public places.

The conjoint project associates are going to each hold an equal risk in the project, referred to as PJ Quarter.

The site will be developed in two phases, with the primary phase offering residential property developments alongside retail space and a park. Designed for families and working specialists, the homes are expected to be launched for sale following year.

Frasers Property will be mutually developing a 5.15 ha mixed-use place in Petaling Jaya, Malaysia, with Malaysian property developer Tan & Tan Developments Berhad.

Flaunting a triple-frontage at a vital junction of Jalan Kemajuan and Jalan Profesor Diraja Ungku Aziz, the mixed-use venture is a brief drive from numerous retail and recreational features, including 3 Damansara, Jaya Shopping Center, Retail @ Pacific, Mid Valley Megamall and The Gardens Shopping center.

2 well-known colleges– Universiti Malaya and International Islamic College Malaysia– are also within a 1km distance of the site. The mixed-use development will also appreciate connectivity to the Greater Klang Valley through major highways including the Federal Highway and Sprint Expressway.

” Drawing on our mixed experiences in massive, mixed-use property developments, we intend to set a new criteria for dynamic urban living in the place,” stated Soon Su Lin, CEO of Frasers Property Singapore.

” It represents a purposeful step in growing our development collection, through a disciplined, partnership-led approach, focused on creating value for the long-term.”

Tan Yee Seng, CEO of Tan & Tan, pointed out, “The location will gain from the government’s efforts to invigorate Section 13 right into a much more liveable and lively center with environment-friendly connectors and pedestrian-friendly infrastructure. We look forward to presenting novel retail experiences to the community, enhanced by a high end housing development designed to appeal to a broad spectrum of buyers.”