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.
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.
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.
