Managing director Sunny Ho told reporters the projects included an upmarket shopping mall, which was a joint venture between the group, Lion group, and a US-based investment fund company.
The shopping mall, located in the heart of Georgetown, would have total lettable area of 600,000 sq ft, he said.
Sunny Ho
“The other big project for 2008 is Season Park, comprising 800 condominium units in Air Itam.
“We plan to price the units from RM180,000, depending on the built-up area, which ranges from 850 to 2,000 sq ft,” he added.
Other projects lined up include the Palmyra Residences in Balik Pulau comprising terrace and semi-detached houses, 6 Western Avenue in Jalan Utama comprising solely bungalows, Seasons Place in Air Itam, comprising solely commercial properties, Melody Homes in Air Itam, comprising apartments with recreational facilities, Bukit Dumbar Residences in Bukit Dumbar, a landed residential project, and Moulmein Rise in Pulau Tikus, a luxurious commercial-cum-residential project.
“We will also be launching our new logo on the first day of Chinese New Year to re-brand and reposition the Belleview group and better reflect the diversity of our projects in 2008.
“We have also allocated RM4mil to RM5mil for advertisement and promotion of our new property launches this year,” Ho said.
Founded in 1984, the Belleview group has to date completed 4,238 residential and commercial properties in Penang and Kulim, Kedah, with an estimated gross sales value of RM1.3bil.
By The Star (by David Tan)
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