Perdana ParkCity and Country Garden Holdings Co Ltd, which recently unveiled their latest project Lake City @ KL North, are bullish on take-up.
Lake City @ KL North is set to imitate the HOPSCA concept that refers to the “Hotel, Office, Park, Shopping Mall, Connectivity and Apartments” community.
HOPSCA is relatively a new concept in Malaysia and attracting urban planners as it can accommodate the rapid growth of a city’s urban population and provide a more organised use of land space.
“HOPSCA projects essentially create the ideal habitat model and address the needs of homeowners who are looking for interconnectivity to its surrounding areas,” said Jason Fu, Country Garden Malaysia regional president.
Fu said Lake City @ KL North has the characteristics of a complete neighbourhood, bringing added value and urban functions that allow for the development to organically integrate with the external city through an efficient transportation system in place, thus bringing convenience to overall aspects of life.
He hopes the mixed-development project will increase the allure and investment value of the property market in the area covering Kepong, Selayang, Sentul and Jalan Kuching.
Sitting on 32.4ha of prime land, Lake City @ KL North will be able to boost economic activity to create new jobs, ease sustainability and transportation issues, establish landmarks for the city and create synergistic communities, said Fu.
“Ultimately, the goal is to provide a better living environment for all besides creating new opportunities for every level of society. Not only will this result in complete living conditions for homeowners, but it also directly relates to our vision to create a better society wherever we go and simultaneously revitalise economic development in the area,” he added.
Country Garden is based in Guangdong, China. Its biggest development in Malaysia is Forest City in Johor. It also has a project in Semenyih, Selangor.
Perdana ParkCity is the developer of the award-winning Desa ParkCity in Kepong, Marina ParkCity in Miri, Sarawak, and ParkCity Hanoi in Vietnam.
Meanwhile, Fu said that every development by Country Garden is the result of meticulous planning, taking into account factors like natural resources, available public transportation and retail amenities.
“All of Country Garden’s developments are crafted based on extensive market research and feedback from current and future homeowners about the elements that complement their lifestyles and what they essentially need for a convenient and fulfilling lifestyle.
“What we’ve found is that homeowners are increasingly looking for versatile residences that can provide their daily needs and activities at their doorstep, eliminating the need to travel or get stuck in traffic to get groceries, go to the gym, and send their children to school. This is how Lake City @ KL North is different from the rest of the developments in the area,” said Fu.