Tag: property development

  • Conlay Signature Suites by E&O offers move-in ready luxury

    Conlay Signature Suites by E&O offers move-in ready luxury

    Eastern & Oriental Berhad (E&O), in partnership with Japan’s leading real estate company, Mitsui Fudosan Group, has officially launched Conlay Signature Suites, the second and final phase of its landmark Conlay development.

    Developed on 1.44 acres of freehold land, the project comprises two phases, with the initial phase titled Conlay Residences and the higher second phase, Conlay Signature Suites. The development is positioned across the uppermost floors of the 51-storey tower, offering discerning buyers a refined collection of 194 residences, with built-ups ranging from 635 to 3,617 square feet, in 1-bedroom to 3+1-bedroom penthouse configurations.

    Priced between RM 1.52 million to RM 12 million, each unit is designed to take full advantage of unobstructed city views, golf course view and is fitted with premium finishes, exclusive fittings, and spacious layouts suited for modern cosmopolitan living. Under a build-and-sell concept, the Conlay Signature Suites are delivered fully furnished and in move-in condition to ensure a seamless ownership experience.

    Kok Tuck Cheong, Managing Director of E&O Berhad said, “The Conlay Signature Suites represent the culmination of our vision for the project, an elevated lifestyle offering, in every sense of the word. This launch reaffirms our belief that there is still strong appetite in the market for well-located, thoughtfully designed homes that offer not just quality, but distinction”.

    Crafted by the internationally acclaimed Kerry Hill Architects, in partnership with award winning GDP Architects and with landscape design by Seksan Design, Conlay by E&O has a Gross Development Value (GDV) of RM 968 million and combines timeless resort-inspired design with urban sophistication.

    Market response to Conlay by E&O has been encouraging. To date, Conlay Residences has been fully sold, while the newly introduced Signature Suites has already recorded a 40% take-up since its soft launch in May this year. This reflects sustained demand for well-conceived, high-end residences in Kuala Lumpur’s city centre.

    Mr Masayoshi Saito, Managing Director of Mitsui Fudosan (Asia) Malaysia, added, “We take great pride in joining forces with E&O to bring Conlay to life, a project that exemplifies our shared dedication to delivering sophisticated urban living experiences.”

    “This partnership combines Mitsui Fudosan’s global vision with E&O’s strong heritage in hospitality and design, creating a truly iconic address for discerning buyers in Kuala Lumpur” he said.

    The Conlay by E&O is supported by an extensive suite of lifestyle and wellness facilities spread across Levels 11 and 36, including heated infinity pools, gymnasiums, themed communal spaces, a library, billiard and music rooms, and sky dining. A dedicated lifestyle and F&B level on the 50th floor further elevates the living experience.

    Residents will also enjoy 24-hour on-demand concierge services, which includes access to a personal chef for private dinners, housekeeping, food and newspaper delivery, pre-arrival shopping, car hires, and basic unit maintenance services.

    Kok added that a premier F&B brand is expected to open on Level 50 in the coming months.
    To reflect E&O’s commitment to creating developments that are both luxurious and responsible, this project has received provisional GreenRE Gold certification. The project incorporates extensive sustainability measures throughout its design and construction, including energy-efficient fittings, natural ventilation systems, and environmentally certified materials.

    Located within easy walking distance from the Conlay MRT station, the development enjoys seamless connectivity to Kuala Lumpur’s premier shopping and lifestyle precincts including Pavilion Kuala Lumpur, Bukit Bintang and KLCC.

    “Every detail of the Signature Suites is inspired by our commitment to hospitality and craftsmanship. We believe the Conlay Signature Suites will appeal to those seeking both legacy and lifestyle,” said Kok.

  • NCT Alliance expands presence in Sabah

    NCT Alliance expands presence in Sabah

    NCT Alliance Berhad (“NCT”) announces its wholly-owned subsidiary, NCT Panorama Sdn Bhd, has entered into a conditional sale of shares agreement (“SSA”) with Ir Herman Lee Show Kien and Mr Melvin Lee Ying to acquire a 51% stake in Setara Juara Sdn Bhd (“SJSB”) for a total purchase consideration of RM22.0 million. The purchase consideration will be satisfied via a combination of cash and contra properties.

    In line with the acquisition, NCT Panorama, Ir Herman and Mr Melvin have also entered into a Shareholders’ Agreement (“SHA”) to regulate the relationship of the Parties in respect of SJSB.

    Pivotal to the company’s long-term growth strategy, the acquisition will pave the way for NCT’s development of Ion Marina Bay, a property development project with an estimated gross development value (“GDV”) of RM3.4 billion. The landmark waterfront project located in Putatan, Sabah, is expected to further strengthen the company’s presence in one of Malaysia’s most promising real estate markets.

    Dato’ Sri Yap Ngan Choy, NCT Alliance’s Executive Chairman and Group Managing Director, stated: “The agreement marks another key milestone in NCT’s expansion into Sabah, reinforcing our vision of building sustainable communities in high-growth regions. Ion Marina Bay will be a catalyst for transformation, creating a dynamic, integrated township that aligns with Sabah’s rapid urban development. As we grow, our focus remains on delivering developments that offer lasting value to homeowners, businesses and investors alike.”

    Ion Marina Bay will be a mixed development, comprising residential, commercial and lifestyle components. Spanning approximately 250 acres, the development is strategically located two kilometres from Putatan Town Centre and 5 kilometres from Kota Kinabalu International Airport (KKIA), offering a modern and sustainable living experience tailored to Sabah’s evolving market needs.

    With the Government recently having approved a RM442.3 million upgrade for KKIA to expand its capacity and enhance connectivity, the major infrastructure boost is expected to further drive real estate growth and attract more investors to the state.

    NCT’s expansion into Sabah has been carefully planned to tap into the region’s growing real estate market, which has seen heightened interest due to Sabah’s economic growth and infrastructure investments.

    SJSB existing directors and shareholders, Ir Herman Lee and Mr Melvin Lee are expected to continue playing key roles in the property’s development.

    Ir Herman Lee added, “With NCT Alliance now on board as the major shareholder, we are excited to work in partnership to realise the vision for Ion Marina Bay. SJSB has been deeply involved in shaping this development, and with NCT’s expertise and resources, we are confident that this project will create a thriving, well-planned community that enhances Kota Kinabalu’s property landscape and bring lasting value to the state.”

    Also present at the signing, Encik Ag. Ismail Abu Bakar, Director of Sharikat Pembangunan Azam Dan Galian Sdn. Bhd., the landowner of the project, stated “We are thrilled to be part of this landmark development, which will not only drive Sabah’s economic growth but also redefine its landscape. The vision behind this project will bring to life a dynamic and thriving community, creating lasting opportunities and setting standards for progress in the region.”

    The acquisition of SJSB is expected to be completed by the third quarter of 2025. With a nine-year development timeline, Ion Marina Bay is poised to become one of Sabah’s most dynamic and sought-after urban developments.

  • Chin Hin Group Property introduces Avalton By The Water

    Chin Hin Group Property introduces Avalton By The Water

    Chin Hin Group Property (CHGP) unveils Avalton By The Water during a special preview event at its new sales gallery, located in Jalan Bandar Hilir, Melaka. This marks CHGP’s first development preview of the year.

    Avalton By The Water is a resort-themed, luxurious development spanning 6.619 acres of leasehold land, facing Malacca Island. The project features 539 units across seven residential blocks—six low-rise and one mid-rise—and offers two layout types, each with three-bedroom options. Unit sizes range from 760 to 850 sq ft, with prices starting at RM508,000.

    With its contemporary design, Avalton By The Water offers an urban sanctuary surrounded by Melaka’s rich historical sites and coastal heritage. The development draws inspiration from the elegance and strength of flowing water, reflecting the beauty and energy of its waterfront setting.

    Ideally located at Jalan Melaka Raya 35, the development provides convenient access to major roads and is just 4 kilometres from Melaka Sentral Bus Terminal and 6.3 kilometres from Malacca International Airport. The North-South Highway is approximately 16 kilometres away, making Avalton By The Water a prime choice for future commutes. Popular tourist attractions, such as A Famosa, Jonker Street, Melaka River Cruise, and Little India, are also within close proximity.

    Avalton By The Water ensures exceptional convenience with easy access to healthcare facilities, educational institutions, and leisure spots. It is located near Mahkota Medical Centre, Melaka Hospital, and top schools such as JT International School, SMK Tinggi Melaka, and MMU University Malaysia. For shopping and entertainment, Aeon Mall Bandaraya Melaka, Mahkota Parade, Plaza Hang Tuah, and The Shore Shopping Gallery are all within arm’s length.