A whopping RM4 Billion development plan (gross development value) is currently underway at the Sunway City Ipoh, Tambun, Perak.
This will include the eight-storey Sunway Medical Centre Ipoh, the development of Ipoh’s largest shopping mall, flexi-terrace development and an education campus.
To date, Sunway City Ipoh is worth RM2 billion in gross development value with the added RM 4 billion for the next 10-15 years and supports the city’s sustainable socio-economic growth.
Sunway Property hopes to bring Sunway City Ipoh to a whole new level with the projects in the pipeline.
Meanwhile, Sunway City Ipoh Executive Director Wong Wan Wooi said, “We attribute the success of Sunway Onsen Suites to its unique proposition that espouses health and wellbeing, green surroundings, and its strategic location within the multitude of amenities in Sunway City Ipoh which provides onvenience to residents.
“Sunway City Ipoh is home to two world-class resorts, namely The Banjaran Hotsprings Retreat and Lost World of Tambun theme park, hotel and spa. Our investors and owners are attracted to the rental yield and potential capital appreciation that is inherent in a unique resort-like development within Ipoh which is garnering rising international acclaim both as a tourism township and global retirement destination. In addition, they are assured by Sunway Property’s co-investor proposition which guarantees lifelong progress.” he added.
Currently, Sunway Property is collaborating with the Ipoh City Council to upgrade Jalan Tambun from the North-South Expressway exit until the Taman Perpaduan Interchange. Costing about RM16 million, Sunway Property is contributing RM8 million towards the project which is anticipated to be completed by mid-2023. The upgrade will significantly reduce time on the road, with the removal of seven traffic lights which will be replaced with u-turns.
“Sunway City Ipoh aims to become the biggest R & R for travellers on the North-South Expressway which could reach 4 million vehicles during peak season. As a result of the improved connectivity, we are already getting a lot of interest from several notable F&B operators, including more drive-thru F&B outlets in addition to the current McDonald’s and Starbucks here.” said Wong.
He was speaking at the gathering for the private buyer’s appreciation night recently at Sunway Onsen Suites in Ipoh as a gesture of appreciation for its new Sunway Property Pals+ members while celebrating the completion of the development.
The Sunway Onsen Suites development is Asia’s first serviced suites that integrate natural hot springs.
Buyers of Sunway Onsen Suites are automatically members of Sunway Property Pals+, the newly enhanced loyalty programme that benefits everyone who resides in Sunway’s developments – including sub-sale owners and tenants. It offers new conveniences and privileges for all to enjoy, comprising Rent+, Care+, and Reward+.
The guests were also treated to the unveiling of the new Sunway Onsen Suites Premium Suites show units at Level 5 and were introduced to a new referral programme that offers up to RM 14,000 in referral fees.