Shah Alam, Selangor, Kuala Lumpur – Two property development initiatives located in Shah Alam and Kuala Lumpur have recently attracted attention within industry circles, according to information obtained from project-related sources and market observers.
Sources familiar with the developments indicated that entrepreneur Dato’ Sri Nicky Liow Soon Hee played a facilitative role in connecting relevant stakeholders and fostering collaboration among parties involved in the projects.
One of the developments is an affordable housing project situated in Kota Kemuning, Shah Alam. According to project information reviewed by the publication, the project is being developed by Etaway Perkasa Sdn Bhd.
Located in Kota Kemuning, it will comprise approximately 69 units of single-storey and double-storey terrace houses with an estimated Gross Development Value (GDV) exceeding RM24.5 million.
First Project: Shah Alam Kota Kemuning Affordable Housing
The project is located at Kota Kemuning, Shah Alam (Lot 3900), focusing on affordable housing with a planned development of 69 units comprising single-storey and double-storey terraced houses, with a total Gross Development Value (GDV) exceeding RM24.5 million. Situated in a well-established neighbourhood, the project is in close proximity to renowned townships such as Bandar Rimbayu and Eco Sanctuary, offering comprehensive amenities and convenient connectivity. Targeting the general public and Bumiputera community, it provides quality homes at accessible price points. This project is jointly developed by Etaway Persaka Sdn Bhd.
Construction has officially commenced and is progressing steadily.
Second Project: Kuala Lumpur Jalan San Peng Urban Mixed-Use Development
The second project is led by LSH Group and is located at Jalan San Peng, a prime address in the heart of Kuala Lumpur. Positioned as a high-end urban integrated development, the project features a 42-storey luxury condominium blending residential and commercial spaces, encompassing high-rise condominium units, boutique retail spaces and comprehensive lifestyle facilities. The total Gross Development Value (GDV) is approximately RM400 million. Upon completion, the development will offer residents a modern and diverse living and lifestyle experience, further elevating the urban landscape and commercial value of the surrounding area.
Industry sources further revealed that multiple parties are involved in various aspects of the projects, including a privately operated business platform known as LSH Group, which is said to participate in selected commercial coordination and resource-integration activities related to the developments.
The developers said the projects reflect growing demand for affordable housing and integrated urban living, aligning with their commitment to “creating a wonderful life” through sustainable community development.
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