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Amcorp Properties (formerly known as AMDB Berhad) is one of the most established developers in the country, with a number of successful projects in its portfolio such as Pantai Panorama, Seri Duta and Seri Duta II in Kuala Lumpur, Arab-Malaysian Nilai Industrial Park in Negeri Sembilan and Bayu Mutiara in Penang.
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Kayangan Heights
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Ongoing projects include Kayangan Heights, an exclusive high-end, low-density bungalow development located within the fast-growing enclave of Section U9, Shah Alam in Selangor which is easily accessible from major highways. Its eco-concept is alluring to discerning buyers looking for a dwelling that is strategically positioned yet protected from the city’s hustle and bustle. The entire development sprawls over 400 acres of pristine forestland and comprise of four (4) districts, each possessing its own distinctive features, landscapes and facilities. Nestled in lush greenery, it is minutes away to numerous nearby amenities, and ideally suited to modern convenience. |
Another project is a self-contained mixed development township known as Sibu Jaya, located mere kilometers away from the Sibu airport. It is a joint development with Sarawak government agency, the Housing Development Corporation. The replanning of Sibu Jaya won the Judges Merit Award for Planning Excellence Competition organized by Malaysian Institute of Planners. The township is well-received as population from within the timber-centred vicinities upgrade and relocates to Sibu Jaya. The completion of the Pan Borneo Highway and the introduction of the Sarawak Corridor of Renewable Energy served as further catalyst for the Sibu Jaya township to continue to flourish.
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Sibu Jaya
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Our latest project is Seri Mutiara @ Salak South, comprising of forty-two (42) units of spacious residential houses located in the matured neighbourhood of Salak South Garden, Kuala Lumpur. More than 60% of the units have already been sold within a day of the start of pre-booking on 16th December 2010.
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Baker Street
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We completed the conversion of the freehold commercial property on Baker Street, at the prime location of West End Zone 1 into a residential complex comprising 19 luxury apartment units. The 19 apartment units are arranged over six upper floors, above the commercial units on the ground and lower-ground floors and car park spaces.
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Via a recent joint venture with London’s prominent property development companies, Native Land Limited, Grosvenor Limited, Montrose Land and Developments Limited and Tarras Park Properties Limited, Amcorp Properties Berhad invested in one of London’s prime residential development known as NEO Bankside located at 5 Sumner Street, London.
NEO Bankside is strategically located in South Bank, stretching along at the southern edge of the River Thames from Westminister Bridge to London Bridge. This new 217-units riverside development is jointly developed by London’s leading property development companies Native Land Limited together with Grosvenor Limited and designed by acclaimed architects, Rogers Stirk Harbour and Partners.
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NEO Bankside
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Adjacent to Tate Modern, London’s No.1 attraction, featuring its famous Turbine Hall and art galleries, London’s cultural hub is but a stone’s throw away from NEO Bankside. Other catalysts within the vicinity includes Shakespeare’s Globe Theatre, Millennium Bridge, a new mall One New Change, St Paul’s Cathedral, Blackfriars Bridge and Station which spans the river and Borough Market, known to be London’s oldest market.
In recognition of NEO Bankside’s excellence, Native Land Limited was awarded the prestigious Best International Development Award, the award which recognizes the highest level of achievements in all sectors of the property industry, and also the London Evening Standard New Homes Grand Prix Award.
The joint-venture’s acquisition of Pavilion D of NEO Bankside is valued at approximately GBP50 million with Amcorp Properties Berhad’s portion at GBP16.5 million. It comprises 53 residential units with a total area of 49,854 sqft, 1 retail unit with a total area of 2,959 sqft and 4 car park spaces. The property is acquired for investment and trading purposes.
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Old Burlington Street
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Amcorp Properties Berhad’s latest acquisition is a freehold, income producing property in central London located at 29-30 Old Burlington Street. Via a joint venture with NL (Pollen) Ltd and HPL (Mayfair) Pte Ltd, Amcorp Properties Berhad will invest up to GBP23 million for a joint venture ownership of the property which is estimated to be GBP85 million in total. Subject to planning approvals, the Property is to be converted and redeveloped as a prime residential scheme.
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The Burlington Street property is positioned in the center of the prime East Mayfair location, and Mayfair is considered as the London Property Market’s crème de la crème as rentals here rank amongst the highest in London and the world. It also boasts some of the capital’s most exclusive shops, restaurants, clubs and hotels such as the likes of The Westbury and The Ritz. Likewise, Mayfair is home to some of the finest shopping establishments in the world such as the famous Bond Street, Savile Row and Regent Street which features some of the world’s prominent brands and top designers. It is well connected by the underground stations of Bond Street and Oxford Circus, the railways of Victoria Station as well as the bus routes in the vicinity.
The current mid-terraced building comprises of 83,024 sqft arranged over lower ground, ground and eight upper floors. The ten storey commercial development currently houses restaurant and gallery tenants at its lower ground and ground levels whilst the upper eight floors provide office accommodations.
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| In the past decade or more, Amcorp Properties has played a meaningful role in contributing to the needs of Malaysia’s economic growth through creation of property values by providing quality homes and office spaces as well as catering to demands of the expanding industrial sector. In moving forward we remain committed to build on our capabilities in the property sector which would endear us to our customers through good lifestyle concepts, good construction standards and good customer service. |
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