Ireka inks tenacy pact with MPI

by **hlk** Wed 20 Jul 2011, 13:22

SINGAPORE: Malaysia Property Inc (MPI) has entered into a six-month tenancy agreement with Ireka Corporation Bhd, a leading property developer listed on the Main Board of Bursa Malaysia.

MPI is a non-profit government agency under the purview of the Economic Planning Unit.

From now till Nov 31, Ireka will showcase its latest residential resort-themed development, SENI Mont’ Kiara, at the mezzanine floor of MPI Singapore's gallery at SGX Centre on Shenton Way.

Mont'Kiara, a popular expatriate enclave is known for its strong residential community and surrounding international schools. The prestigious development is already being hailed as the new benchmark for luxury living in Kuala Lumpur.

The residential resort SENI Mont' Kiara comprises two 40-storey tower blocks and two 12-storey low-rise blocks perched on an 8.8-acre ridge, offering residents unobstructed, panoramic views of Kuala Lumpur's skyline.

Ireka President and Chief Executive Officer Lai Voon Hon said "Mont" Kiara owners have a passion for the very best that life offers.

"They have the means to live anywhere in the world, and many of them do. The fact that they consider Mont' Kiara to be an absolute paradise and have chosen SENI Mont' Kiara for their primary or vacation residence speaks volumes about the location, the development and the prized lifestyle associated with it," he said when announcing the tie-up here today.

Mr Kumar Tharmalingam, Chief Executive Officer, Malaysia Property Incorporated said:"MPI is pleased to work with an established property developer such as Ireka.

"Our partnership bodes well for would-be investors in Singapore keen to plough their money into reputable private residential developments with the intent to reap rental yield or capital returns.

"Ireka marketing their latest launch in MPI's Singapore gallery is testament to their commitment to the highest product quality and value for money," he added. -- Bernama

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