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Tuesday, 19 Nov 2019
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MetroCity a central focus for CKH Realty at Sarbex 2011
23 September 2011

MODERN METROPOLIS: Artist`s impression illustrates the MetroCity Matang New Township,
a development project that will be CKH Realty`s highlight during Sarbex 2011.


KUCHING: Homegrown developer CKH Realty Sdn Bhd (CKH Realty) will be highlighting its new township development `MetroCity`  for the upcoming `Sarawak Builders Expo (Sarbex) 2011 - Total Living` here.

 
Chong Kia Hoi  
Located along the Old Matang Road at a site less than five kilometres from the city centre, the 183-acre mixed-development project is worth RM970 million, in terms of gross development value. CKH Realty`s chairman and managing director Chong Kia Hoi said the main showcase during the upcoming Sarbex real estate event would be MetroCity commercial shops, which was launched this week.

"For the annual event, we will be focusing towards offering our three- and four-storey shop, comprising a total of 314 units. All of these units are expected to be completed within the next 30 months," he told The Borneo Post in a recent interview.

He added that MetroCity`s shops were part of the larger commercial precinct which would include a two-storey commercial mall, petrol stations, a food and beverage (F&B) drive-thru restaurant, three-storey showrooms as well as a `Trade Services Entertainment Centre (TSEC) that would also serve as an integrated bus terminal - a construction undertaking that had been approved by the government, underlined Chong.

"Another approved development for the commercial precinct is a 2.5-acre site for a private medical specialist centre. MetroCity is masterplanned with cutting-edge architectural and urban planning expertise to transform Matang into a vibrant, self-contained modern metropolis," he added.

When asked about the number of confirmed anchor tenants for MetroCity commercial mall, Chong disclosed that negotiations were underway with two international-branded hypermarket operators.

"I can`t reveal anything just yet, but what I can say is that upon completion, the mall will cover an area of 8.1 acres, equipped with an 800-car parking facility," he said.

On the whole, MetroCity commercial precinct would be slated for completion within the next five years.

On the residential precinct, Chong said it would feature over 1,000 modern homes comprising detached, semi-detached, quadruplex and terrace houses together with six blocks of strata-titled townhouses, apartments as well as lake-side condominiums.

"We are committing substantial investments and enhancements to the infrastructure, accessibility and amenities available at MetroCity. The township has a strong emphasis on interconnected and pedestrian-friendly neighbourhood open spaces as well as green ways like play fields, linear parks and courtyards," he underscored.

CKH Realty will be accepting registration of interests for its MetroCity Residences for the upcoming Sarbex 2011, added Chong. In addition, the company would celebrate its participation in the event this year with a `big bang`, offering attractive cash discounts to buyers coming to its booths number 63 and 64 during the three-day expo.

Chong highlighted that in conjunction with CKH Realty`s 30th anniversary this year, it would be offering special cash discounts to confirmed buyers for any of its residential and commercial properties in Samarahan, Sejingkat and Demak Laut.

"For each sale of the residential units, we are offering a cash discount of RM5,000, with all legal fees, sales and purchase agreement, stamp duty as well as memorandum of transfer to be borne by the developer.

"For the commercial units, including the MetroCity shops, we are giving cash discounts of RM30,000 per unit sold with all legal fees to be borne by the developer.

"There will also be added specials available only during Sarbex 2011. As such, we urge buyers to come and visit us at our booths there. The public can also contact our sales office at 082-425266, or logon to www.ckhrealty.com for our latest news and updates," he stated.

CKH Realty is one of the key participants of Sarbex 2011, an annual property and real estate event organised by the Sarawak Housing and Real Estate Developers Association (Sheda). It will run from this September 30 to October 2 at the Borneo Convention Centre Kuching (BCCK) here.


Source : The Borneo Post

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All illustration are artist’s impression only. The developer reserves the right to modify any part or parts of the project as directed and/or
approved by the project architect and/ or relevant authorities