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To
date, the Taipan Group of Companies have successfully completed
approximately 1,400 high-rise residential properties and 100 commercial
properties, all within the Petaling Jaya township. This achievement
comes despite the somewhat dampened property market that has been
prevailing in Malaysia since 1997.
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Traditionally, all our developments were completed ahead of schedule and without any major problems, complaints, accidents or reprimands from industry regulators.The 1st Phase of the Impian Baiduri development is a case in point where the development consisting of 100% low-cost development was successfully undertaken, completed and delivered 12 months ahead of schedule without any simultaneous cross-subsidy and with minimal borrowings of RM 4.0 million from AmFinance Berhad. This borrowing has since been fully repaid in advance.
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The
Impian Baiduri development has helped Majlis Perbandaran Petaling
Jaya to rid itself of the municipality’s largest squatter
settlement in a relatively short time AND at the same time free
the remaining land (of approximately 15 acres) for future development.
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