Noöra Residences, a brand-new development by ParkCity Group that adapts to the evolving needs of a post-pandemic lifestyle, will debut in Desa ParkCity next month.
It will be Desa ParkCity's first integrated development and it will be situated on a 6.63-acre plot in the township's southern region.
Noöra consists of two buildings with one- to three-bedroom apartments each, as well as a retail section with around 50,000 square feet of net lettable space.
The retail sector will be kept by and managed by ParkCity.
Noöra joins the list of highly sought-after residences in ParkCity within the township.
South Brooks, a condominium development in Desa ParkCity, was recently the residential category winner at a property award, where the judges comprised representatives from the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).
The coveted award honours the country's real estate undertaking whose market value increased the highest throughout the period under consideration.
The price appreciation rate is measured from officially documented transaction values vetted transparently by a five-member panel of judges.
The judges took South Brooks' potential for future expansion into account in addition to the price increases that were accomplished.
The award allows customers to recognise both the project's developer and the properties with the best value creation.
The fact that South Brooks' price increase was accomplished in a market plagued by a huge property overhang and unheard-of economic concerns brought on by the effects of Covid 19 makes its victory all the more noteworthy.
When the market was still reeling from the effects of Covid-19, the project was completed and handed over last year.