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The immediate past project of the Taipan Group Of Companies is the redevelopment of Kg. Baiduri and Kg. Seri Setia, both in Section 51A, Petaling Jaya, Selangor Darul EhsanThe entire area (with an approximate land size of 45 acres) was a squatter infested area. It housed more than 1,700 squatter families and represented the biggest squatter colony in the Petaling Jaya Municipality, if not the country.

 

 
Today, more than 1,400 of these squatter families have been resettled into new modernistic apartments developed by the Taipan Group of Companies. This leaves behind only less than 300 squatter families to be resettled – and this will be done in the very near future.

 

 
The redevelopment of this squatter colony produced many firsts. Among them were :
  • The construction and completion of 1,344 low-cost apartments and 74 shops housed in four (4)  17-Storey buildings BEFORE the construction and commencement of any higher-cost properties;
  • The completion and delivery of all the low-cost apartments, TWELVE (12) months ahead of schedule;
 

 

The resettlement of the Kg. Baiduri Squatters has freed about 15 acres of land for development as its 2nd Phase. Another 15 acres would be freed for development as soon as the remaining 300 squatter families have been resettled.

 

Upon full completion, the redeveloped Kg. Baiduri and Kg. Seri Setia areas would be transformed it a self-sustaining and well

sought-after address given its modern architecture and infrastructure, an extremely connected network of roads and highways as well as its prime location. An example of the demand on properties in this area is indicated in the prevailing prices of the low-cost apartments. These 650 sq.ft apartments which were sold to the squatters at a mere RM 35,000 are now (less than one (1) year of being handed-over) being transacted at more than RM 70,000 – i.e more than 200% of their original prices. In addition, the planned Phase 2 of the Kg. Baiduri Project comprising of 1,428 medium to high cost apartments and 160 shops have had fantastic responses as more than 800 firm registrations have been received – even before launching.

 

The Taipan Group Of Companies -
Always Delivering On Our Promises