KUALA LUMPUR (Oct 12): Sunway City Ipoh has a RM4 billion expansion plan to support the city’s sustainable socio-economic growth.

Sunway City Ipoh executive director Wong Wan Wooi revealed this plan during a private buyer’s appreciation night held recently at Sunway Onsen Suites in Ipoh.

Wong said that to date, Sunway City Ipoh is worth RM2 billion in gross development value, with another RM4 billion gross development value underway for the next 10 to 15 years.

Upcoming developments include the construction of Ipoh’s largest shopping mall spanning more than 1 million sq ft in gross floor area (GFA) with more than 2,000 car parks.

The mall is planned with a supermarket, an anchor tenant, and features a gourmet garden, a cineplex with 10 halls, a convention centre, a bowling centre with 32 lanes, an ice-skating rink, as well as rock climbing facilities.

Sunway City Ipoh will also be building an education campus across four acres of land.

Medical facilities will also be enhanced with an eight-storey Sunway Medical Centre Ipoh with 260 beds and eight operating theatres to be operational by 1Q2024. The first phase will include 187 beds while the second phase will have 73 beds with a GFA of 448,000 sq ft and more than 650 car park bays.

Meanwhile, Sunway Property will be launching a flexi-terrace development “aligned to the Sunway Design and Development Architecture created and curated based on four key pillars – Sustainability, Innovation, Health & Wellness as well as Lifestyle and New Experiences” 300m from the medical centre consisting of 168 units of duo residence.

The gated-and-guarded development will feature homes ranging from 1,300 to 1,900 sq ft that will be launched in 2023.

Sunway Property will also introduce two new towers of Sunway Onsen Suites, as it has achieved a take-up rate of more than 98% for its first tower.

Sunway Property is also currently working with Majlis Bandaraya Ipoh to upgrade Jalan Tambun from the North-South Expressway exit until the Taman Perpaduan Interchange. Costing about RM16 million, Sunway Property is contributing RM8 million towards the project which is anticipated to be completed by mid-2023.

The upgrade will significantly reduce time on the road, with the removal of seven traffic lights which will be replaced with U-turns.

“Sunway City Ipoh aims to become the biggest “R&R” for travellers on the North-South Expressway which could reach to 4 million vehicles during peak season. As a result of the improved connectivity, we are already getting a lot of interest from several notable F&B operators, including more drive-thru F&B outlets in addition to the current McDonald’s and Starbucks here,” said Wong.

Source: EdgeProp, 12 October 2022