An Upcoming Commercial Avenue in Kota Kinabalu
An Upcoming Commercial Avenue in Kota Kinabalu
Skycity – An Upcoming Commercial Avenue in Kota Kinabalu
December 5, 2016, Skycity launching ceremony and signing ceremony was held at the Magellan Sutera Harbour Resort, it was graced by Chief Minister of Sabah, YAB Datuk Seri Panglima Haji Musa Haji Aman. It is a flagship project that will he develop by Homesign Network Sdn Bhd and will be built by MCC Overseas. The Minister of Tourism, Culture and Environment YB Datuk Seri Panglima Masidi Man jun, Consul General of the People’s Republic of China in Kota Kinabalu, Chen Pei Jie, Deputy Chief Minister cum the Minister of Industrial Development of Sabah, YB Datuk Seri Panglima Raymond Tan Shu Kiah, Kota Kinabalu Mayor, Datuk Yeo Boon Hai, The President of Asia Pacific TsingHua Emerging Industries Alliance, Ditto’ Woo Swee Liars and other honourable guests have witnessed together for this Skycity project launching.
Skycity development is a joint venture project between Homesign Network and the Ministry of Local Government and Housing Sabah (KKTP) Sdn Bhd. The recent launching of Skycity, Homesign Network through its CEO CK Lee have pledged to contribute RM500,000 for education purposes to Sabah State schools. While the State Government will match the effort in Ringgit-for-ringgit, a total amount of RMI Million will be donated in helping out the education sector, whereas MCC Overseas Managing Director, Mr Yang Ruo Bing is also providing a contribution of 10,000 books and school supplies in aligned with the goal for the development of education in Sabah.
China Metallurgical Group Corporation is China’s leading multidisciplinary and multinational company under the direct supervision of China’s State Asset Supervision and Administration Commission. MCC Group was China’s pioneer in iron and steel industry, and it has since grown into one of the world’s largest metallurgical company. Over the years, the group has further developed beyond metallurgical and into EPC contracting, natural resources exploitation and development, equipment manufacturing, and real estate development. In 2016, MCC Group Ranked No. 290
in the Global Fortune 500; and No 8 in the Enginwring News-Record’ Top 250 Global Contractors. As of the end of 2016, MCC Overseas has 11 projects spreading across Malaysia. These projects include the prominent high-rise project, the W-Hotel and Residences, which is an iconic 55-storey tower next to the Petronas Twin Towers; and the state-of-the-art steel mill in Malaysia-China Kuantan Industrial Park, which, with its annual production capacity of 33million ton, will be Malaysia’s largest steel mill.
Homesign Network Sdn Bhd is one of the fastest growing development companies in commercial, residential and real estate development in Sabah. Their projects contribute to an expanded product range from affordable homes to luxurious mixed high-rise developments.
Homesign Network reputation of excellence in property development is achieved through providing diverse and unique property options by building thriving community offering a wide range of opportunities to entrepreneurs, professionals and investors. Skycity is a mixed-use development located at Jalan Nenas in the heart of Kota Kinabalu city centre. Sited on six acres, once completed this self-contained development embodies an all-in-one-lifestyle that features a five-star luxury hotel, high end condominium, grade A offices and a lifestyle mall. The whole development embodies the unique element of accommodation, work place, local cuisine, health, entertainment, fashion, education and varies services to accommodate the growing market demand for today’s modern society.
Kota Kinabalu city is a major tourist destination and a popular getaway for travellers visiting Sabah and Borneo. With the growing number of tourist coming in annually, Skycity is located at a prime location is the urban area of Kota Kinabalu, where it is easily accessible for tourist to visit and shop. With the growing tourism market in Kota Kinabalu, Skycity will develop into a very active business and commercial district that will create more job opportunities in Kota Kinabalu.
Skycity is giving the Property Market
a New Concept of Investment Platform
With the recent market situation, it hasn’t been friendly when it comes to investing in real estate. One of the major problem is end financing from banks that makes it difficult for most investor. Hence, Homesign Network is providing a new concept of investment platform to overcome this situation. With the arrival of Skycity, it will give the industry an investment free from the existing problems. It offers easy entry; easy exit plus worry free management. The existent of this investment platform will help to make investment in real estate hassle and worry free while maximizing income and minimizing expenses. It is a package that provides a structure for the clients to get started in investing real estate efficiently and effectively while seeing results. Investors from internationally or locally can partake on this as it offers an interesting arrangement that will show guaranteed revenue throughout the project development.
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