KUALA LUMPUR (Dec 18): Driven by market fundamentals and big data, Australia-based property developer Exal Group (Malaysia)’s strategy for its maiden venture in Malaysia — the 31-acre SÓL Estate in Kuching, the capital of Sarawak — has proved to be successful. Since the launch of the first phase in September, 70% of the project has been sold.
In an interview with City & Country in Kuala Lumpur recently, managing director Albert Ko, a Sarawakian, notes that the RM356 million development has a total of 269 landed homes, consisting of 82 duplexes and 187 courtyard homes in a gated-and-guarded community.
He adds that “SOL” is Latin for sun.
“Our manifesto is that everything is centred around you, just like the planets are centred around the sun. It is the same in our development, where the residents are in the centre of it all. It includes how we design our facilities and landscape. The facilities are centred around the residents. The sun is not alone; it is part of the universe. So are the residents; they are not alone, they are part of a community,” he says.
He also shares the company’s future expansion plan in Malaysia.
Read all about it in the Dec 19 issue of City & Country.
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