Parklane City for the Chinese investors: Sabah Chinese Chamber of Commerce
Published on: Thursday, April 28, 2022
By: Nikko Fabian
Frankie listens as Susan presents a briefing on the development projects.
Kota Kinabalu: With the reopening of international borders, the Sabah Chinese Chamber of Commerce (SCCC) pledges its utmost to facilitate investment and the Malaysia My Second Home Programme (MM2H) among Chinese investors in Sabah.Its President Datuk Frankie Liew revealed Parklane City as the SCCC’s preferred development project to introduce to Chinese investors.
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This is because, he said the property developments have upgraded the township and benefited the locals in the area in the form of job opportunities.
“The projects have stimulated the economy and development in Papar,” he said, adding that the development would soon become a satellite township in the district.
Liew was also impressed by the spacious layout and practical design of Parklane Villa after visiting the show house.
Strategically located at the centre of the interior districts and west coast of Sabah, he said Parklane Villa was a value-for-money investment and a comfortable living environment for families.
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Frankie and his committee, including the committee of Che Hor Khor Moral Uplifting Society visited the ongoing development project Tuesday.
Meanwhile, respectable local developer Datuk Susan Wong Siew Guen told SCCC visitors that now is the best time to invest in Parklane City and Parklane Villa as prices are bound to rise once the occupancy certificate (OC) is obtained.
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The WSG Group managing director said owners of Benoni Commercial Centre, the company’s first project in Benoni, Papar, have enjoyed favourable returns on their investment.
“A unit on the ground floor can fetch up to RM4,000 in rental a month,” she quipped.
Despite rising prices in building materials, Susan said the company has maintained the prices for its launched projects at Parklane City and Parklane Villa by absorbing these additional costs.
However, she said the company would have no choice but to revise the prices for new launches at Parklane City in the future.
“Now is the best time to invest in Parklane City and Parklane Villa, as the prices of the properties would certainly rise after the OC was obtained,” she reiterated.
Susan, who is also an honorary advisor of SCCC, said she was honoured that Liew, a Paparian, had come to visit the show house.
She hoped that SCCC would also bring Chinese investors to Papar.
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