Overseas Ventures

UOL continues to expand its presence in Tianjin and Kuala Lumpur, focusing on luxury residences and mixed developments in prime city centre locations.

China

Tianjin Hai He Hua Ding

UOL extends its presence in the burgeoning real estate market of China, entering a joint venture with Tianjin Xiwang Real Estate Construction Development Co. Ltd to develop a mixed development in Tianjin.

Boasting a total gross floor area of 120,000 sqm, the premier development comprises four 28-storey blocks of residential apartments, a 30-storey 5-star hotel with approximately 328 rooms, two 13-storey office towers and a retail podium.

Located at a prime location, next to Tianjin’s mother river Hai He, the famous Tianjin Ancient Cultural Street, the hotel will be managed by Pan Pacific Hotels and Resorts.

Malaysia

Jalan Conlay, Kuala Lumpur

With Malaysia’s property market seeing strong GDP growth and relaxation of rules governing the purchase of residential properties by foreigners, UOL reinforces its presence in Kuala Lumpur, focusing on luxury residences with prime city centre location. UOL partnered General Corporation Berhad to acquire two adjoining plots of prime freehold land along Jalan Conlay.

The combined sites, with a total land area of approximately 15,989 sqm, enjoy an attractive location near Kuala Lumpur City Centre and the popular Bukit Bintang shopping area. Plans are underway to develop the site into a 40-storey luxury residential development of about 494 units.

Launching Soon

UOL's 3Q 11 net attributable profit down 11% to $101 million.
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