KUALA LUMPUR: Sunway Property is set to expand the 1,350-acre Sunway City Ipoh township in Perak with an additional RM4 billion in investments, leveraging its unique build-own-operate business model.
Chong Sau Min, chief executive officer for the central and northern regions, said that this strategy aligns with the company's role as a master community developer and co-investor in the township's development.
The new investments will include key projects such as the Sunway Medical Centre Ipoh, slated to commence operations in 2025; the 1-million-square-foot Sunway Ipoh Mall—set to be Perak's largest mall upon completion in 2027—and the future Sunway Education campus.
These developments, coupled with the existing attractions like The Banjaran Hotsprings Retreat and The Lost World of Tambun, will further strengthen Sunway Bayu's appeal and enhance Sunway City Ipoh's position as a leading integrated destination, Chong noted.
Sunway Property recently recorded RM42 million in sales at a pre-launch event for Sunway Bayu, the final series of landed homes within Sunway City Ipoh.
Chong credited this success to the project's strategic location and innovative design.
The strong response for Sunway Bayu during its pre-launch underscores the demand for innovative homes within vibrant, sustainable communities with comprehensive lifestyle amenities, as well as buyers' trust in the Sunway brand.
"We are confident that Sunway Bayu is poised for continued success with RM42 million in sales already secured even at the pre-launch stage. As the last landed residential project within Sunway City Ipoh, Sunway Bayu's homeowners and investors are well-positioned to capitalise on the township's growth," said Chong.
Sunway Bayu features 168 units of flexi-terrace homes on 9.41 acres of land, set against Ipoh's stunning 260-million-year-old limestone hills.