IPOH: Waterfront Celebration Village Sdn Bhd, a member of the Keris group of companies, is investing RM200mil in a mixed development project in Sungai Siput, Perak.
The groups properties development division vice-president Eunice Foo said the Waterfront Celebration Village would span over 24.3ha.
The project will consist of 193 shop offices. The shop lots will have dual entrances which will give better leverage for promotions, she told reporters recently.
Other project components are a bus and taxi terminal and a 7,432 sq m hypermarket, she said.
Waterfront Celebration Village, Foo said, was poised to be at the forefront of commercial activity, catering to the needs of the 400,000 people living in Sungai Siput, Rimba Panjang, Kanthan, Chemor, Kuala Kuang, Klebang and in Kuala Kangsar.
Our survey found that residents in that area currently take a 45-minute drive to the nearest shopping centre in Ipoh, she said.