GUH Holdings to launch Kepayang Commerce Square in Seremban

KUALA LUMPUR: GUH Holdings Bhd is set to launch its 10-acre Kepayang Commerce Square in Seremban on Saturday, Nov 27. Kepayang Commerce Square is situated within its 500-acre freehold Taman Bukit Kepayang, just 100 metres away from the Kuala Lumpur – Seremban Highway interchange.

The first phase of Kepayang Commerce Square is completed, with a gross development value (GDV) of RM25 million, consists of 30 units of shop offices and tagged from RM768,188. The 3-storey shop offices have built-ups ranging between 4,946 sq ft and 6,539 sq ft. There are three phases in total, and the developer expects to launch the next two phases next year. Only the first phase of the commercial project is on a build-then-sell basis.

GUH Holdings CEO and managing director Datuk Kenneth H’ng Bak Tee told theedgeproperty.com that to-date, 260 acres of Taman Bukit Kepayang have been developed. “It will most probably take six to seven years to completely develop Taman Bukit Kepayang,” he said. Taman Bukit Kepayang has a GDV of RM1 billion.

GUH Holdings is primarily involved in electronics manufacturing, as well as property development, power generation and oil palm plantation. The company manufactures printer circuit boards (PCB), with factories in Penang and China.