The project, it said, involves 30 single-story semi-detached houses, 90 single-story cluster semi-detached houses, 136 single-story terrace houses, six single-story bungalows and 13 single-story shop lot units.
The contract involves two blocks of 45-storey serviced apartments with nine levels of podium carparks and two levels of facilities, while the landed properties comprise two rows of two-storey super link residential units and a row of three-storey super link residential units.
The project, under the Sarawak Rural Water Supply Department, is expected to be completed by April 9, 2027.
SD Guthrie said the park will be developed on 641 acres of land in its estate in Kulai as a hub for high-value industries such as logistics, advanced manufacturing and clean technologies.
With the settlement agreement, the parties have agreed to withdraw legal proceedings and any counter claim against each other, with no liberty to file afresh.
“REHDA agrees that introducing such measures can cause a collapse to the housing industry, which will also impact 180 upstream and downstream industries within the ecosystem, and eventually affecting the economy as well.
Amaya Residences will have 1,268 units spread over 68-storey of Tower A and Tower B.
The contracts, which are set to commence this month, were secured through Pintary Foundations Pte Ltd, a wholly owned unit based in Singapore.
Both plots have 60-year leases on them.
Town planners should consider a holistic approach to urban redevelopment, balancing historical preservation with modern amenities.
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