KUALA LUMPUR: White knight property developer Infra Segi Sdn Bhd will be launching 168 Park Selayang, previously known as Selayang Star City, which had been abandoned by its initial developer in 2016.

Located along Jalan Kuching, Selayang, 168 Park Selayang aims to be a landmark development in the area, comprising three residential tower blocks and a two-level commercial mall.

With 27 years under its belt, Infra Segi was approved by the High Court to revive the project. Its notable projects include Avani Sepang Goldcoast, Menara Surian, Nadi Bangsar, Scott Garden and Royal Bintang Villa Resort.

“We are not new to the Selayang Star City issue as we were the main contractor appointed by the previous developer. We were as equally frustrated as the 680 buyers when the project was abandoned. However, seeing the potential of the location due to its close proximity to Kuala Lumpur, high accessibility and the rapid development of the area, Infra Segi, the parent company, decided to become the white knight developer of the entire project,” 168 Park Selayang Sdn Bhd chief executive officer Edward Lum said.

“The first phase of 168 Park Selayang will consist of the construction of Block C and mall podium followed by the second phase construction of Block A starting in Q4 2022 and the final phase will be the construction of Block B which is estimated to start in Q2 2023,” Lum said.

The development targets first-time home buyers eyeing affordable properties closer to Kuala Lumpur city centre, as the property is accessible via Jalan Ipoh, Jalan Kuching, Middle Ring Road 2 and the Duke and Kepong-Selayang highways.

The upcoming mall will embody elements of nature and light to give a relaxing ambience to its tenants. It aims to open in the first quarter of 2024.

Source: Star Property, 13 October 2022