KUALA LUMPUR (March 3): KEB Group is launching Cove Residence in Melaka on March 9. The beachfront development has a gross development value of RM710 million, and aims to provide resort living at attainable pricing. The three-tower project is serviced by over an acre of facilities on the podium offering a swimming pool, a ship playground and places to relax.
Speaking with City & Country in an exclusive interview, founder and managing director Datuk KC Lim and his son, director Vinson Lim, shared about the design and target market of this unique project.
“We target purchasers who intend to acquire the units for investment purposes or for use as a holiday home. Our design is akin to a resort, so people do feel they are on vacation,” says KC.
“We are trying to create something special. Regardless of whether you are a local or someone who travels to Melaka, when you are [at Cove Residence], you can enjoy it with your family,” says Vinson.
Cove Residence is just next to the Encore Melaka performance theatre, and is about 10 minutes from Melaka town.
Along with the cover story in the March 4 issue of City & Country is an article on Singapore-based developer Sir Stamford Raffles Group on its 22.6-hectare Marum Estate township in the Kandai province in Cambodia, as well as a feature on Lillian Tay, the vice-president of Veritas Design Group and her journey to be the first woman to win the PAM (Pertubuhan Akitek Malaysia) Gold Medal, the highest honour given to a PAM corporate member for design excellence in a body of work.
Also in this issue is the 4Q2023 The Edge Malaysia | KGV International Property Consultants Johor Bahru Housing Property Monitor that reports an uptick for the Johor Bahru property market, and a Singapore story on Pine Grove launching a fifth collective sale attempt at a S$1.78 billion (RM6.28 billion) valuation.
Catch up with the latest property news in town in the March 4 issue of City & Country.
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