Pavilion project bucks trend

Prestigious development: (from left) Kuala Lumpur Pavilion Sdn Bhd CEO Datuk Joyce Yap, FT Minister Datuk Seri Utama Tengku Adnan Tengku Mansor, Pavilion design director Tan Peng Han, Pavilion Group deputy chairman Puan Sri Cindy Lim and 1 Pavilion Property Consultancy Sdn Bhd sales and marketing director Datuk Tracey Lai with a model of Pavilion Damansara Heights. See page 3

KUALA LUMPUR: Property developer Pavilion Group and the Canada Pension Plan Investment Board (CPPIB) unveiled one of Kuala Lumpur’s most anticipated mixed integrated developments yesterday in a project that seems to buck the current slow property market. About 70% of the just unveiled Pavilion Damansara Heights have been sold

The 16-acre project, known as Pavilion Damansara Heights, will have a total of 10 office blocks, of which eight are en bloc sales, and two on strata basis. Seven of the en bloc sales have already been formally acquired.