News about Kulim

La Casa Lunas introduces a refreshing take on modern township living, positioned within the growing district of Lunas, Kedah.

The property, comprising a double-storey factory and single-storey office, is being sold by its wholly owned subsidiary Berjayapak Sdn Bhd to General Point Asset Sdn Bhd.

Che Abdul Khalid has over 30 years of experience in property development and construction.

The planned township has an estimated gross development value (GDV) of RM650 million and will be developed in phases over 12 years, with groundbreaking targeted for the first quarter of 2027.

Located about four kilometres north of Phase 4A of the Kulim Hi-Tech Park (KHTP), Paramount said the acquisition will enable it to tap into KHTP’s expansion plans and Kulim’s potential population growth to launch a new township with residential, commercial and industrial properties, along with amenities.

“The government will consider allowing them [including industry players at KHTP] to apply for the new electricity tariff to be implemented simultaneously with the rest of Peninsular Malaysia in July — we are evaluating this due to its financial cost implications.

Maxland said the partnership aims to establish a state-of-the-art data centre in the Kulim High-Tech Park.

The Penang-based insulation products manufacturer, through its indirect joint venture (JV) company Nexel Development KHTP Sdn Bhd, is purchasing the land from Kulim Technology Park Corporation Sdn Bhd (KTPC) for RM12.

Its indirect wholly owned Maxland Data Sdn Bhd (MDSB) entered into the agreement on Thursday with Kulim Technology Park Corp Sdn Bhd to lease a 4.

Legasi Green is owned by Angelaxy Power (30%), Asanaga (30%), and Greenviro Solutions Sdn Bhd (40%).