KUCHING: Naim Land Sdn Bhd, a wholly-owned subsidiary of Naim Holdings Bhd says the construction for Bintulu Paragon integrated development’s Street Mall and Small Office Versatile Office (SOVO) is progressing well.
According to its chief operating officer for property Yong Kei Seng, substructure works in relation to its Street Mall and SOVO are on track with works expected to complete by end of 2014.
“Our contractor for the substructure works is Sinohydro Corporation Sdn Bhd, a member of Sinohydro Corporation. This demonstrates Naim’s commitment in maintaining our standing as a developer and contractor of quality,” Yong said.
Yong noted works for Street Mall and SOVO are expected to complete by fourth quarter of 2015 and first quarter of 2016 respectively.
“Based on this time line, we expect to hand over the Street Mall and SOVO units in the first and second quarter of 2016 respectively,” Yong remarked.
Since its launch in early 2013, the response towards the Street Mall and SOVO components has been very encouraging.
“We are recording an average take-up of more than 60 per cent for the components. This demonstrates a shift in preference of the Bintulu community to more chic and affluent property products. There has been a continuous interest in Bintulu Paragon and its components,” Yong said.
Bintulu Paragon is distinctly the largest and most contemporary integrated development to transform Bintulu. To be developed in two phases, it will integrate residential, business, retail and hospitality components.
Upon completion, Bintulu Paragon will recreate the skyline with super stylish condominiums, skyscraper office towers, chicly designed Street Mall, the longest in Sarawak, versatile SOVOs and hotels, and provide 1.4 million square feet of retail space.
Those interested are invited to call 086–339666 or visit Naim’s Bintulu Sales Gallery at No. 1 Old Airport Road, Bintulu opened from 9am to 6pm daily for more information.
SOURCE: Borneo Post Online (4 June 2014)