MET 1 Residences on track for completion in 4Q


CEO Daniel Lim said: “We look forward to the delivery of MET 1 Residences by this year and reaffirm our commitment to accelerate the development pace for KL Metropolis, which is expected to be the next most-sought-after address for the new generation with its modern, inclusive and sustainable ecosystem.”

KUALA LUMPUR: Naza TTDI Sdn Bhd’s MET 1 Residences of its KL Metropolis project celebrates a major milestone with a topping-out ceremony as it nears completion to become the new international trade, commerce and living centre in Kuala Lumpur by the fourth quarter.

The MET 1 integrated development, with a gross development value of RM1.37bil, comprises an office tower, Somerset serviced apartments, MET 1 Residences and three levels of retail mall, which are also under development.

In a statement, Naza TTDI, which is the property development arm of Naza Group, said MET 1 offers an ideal abode for those who enjoy modern facilities and convenient accessibilities and is seen as the “gateway” to the new city centre, KL Metropolis.

CEO Daniel Lim said: “We look forward to the delivery of MET 1 Residences by this year and reaffirm our commitment to accelerate the development pace for KL Metropolis, which is expected to be the next most-sought-after address for the new generation with its modern, inclusive and sustainable ecosystem.”

He said the group has reached the final floor of MET 1 Residences, which is Level 55, even after the two years of the pandemic.

“Our near completion during those difficult times only shows that Naza TTDI is committed to the project and proceed to its full completion.”

Meanwhile, Naza TTDI’s KL Metropolis is set to be a micro city within Kuala Lumpur, accessible via four major highways – Duta-Ulu Kelang Expressway, North Klang Valley Expressway, Sprint Highway and North-South Expressway.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

TTDI , Met 1 , residences , completed , Danial Lim ,

   

Next In Business News

Wall St Week Ahead-Soft landing hopes for US economy brighten outlook on stocks
India's palm oil imports fall in July as soyoil jumps to record high
Scarcity changes the LME warehousing game in Malaysia and elsewhere
Wide-body jet demand humming again as Boeing 787 rejoins the fray
Oil price falls 2% on expectations that US Gulf supply disruption will ease
GLOBAL MARKETS-Global stocks rise, U.S. yields fall as inflation slows
NYT targeted by activist investor pushing for subscriber-only bundles
‘Hopeless’: Chinese homebuyers run out of patience with developers
Steady retail outlook
From high-flying restaurateur to investor

Others Also Read