New business center in Kinarut

Susan shows the Rose Avenue Plaza zoning plan.

KOTA KINABALU (November 19): WSG Group has embarked on a new commercial project in Kinarut – Rose Avenue Plaza.

The business hub sits on nine acres adjacent to the Rose Garden Housing Estate and is surrounded by busy business activity and densely populated residential areas.

WSG Group managing director Datuk Susan Wong Siew Guen said Rose Avenue Plaza comprises 20 units of two-story retail space, including 16 intermediate units and four corner units.

“So far, 50 percent of the retail space has been booked, including the four corner units.”

The average retail space is RM988,000 with a combined constructed area of ​​2,180 square feet (sq ft) for the ground floor and first floor. The land use period of the shoplots is 999 years.

The Rose Avenue Plaza is part of a larger development plan that includes the Servay Hypermarket and the Rose Avenue Condominium.

Susan said construction of the commercial center would begin in January 2022 and the project is expected to be completed in June 2024.

Today (November 20th) there is a soft launch for Rose Avenue Plaza in Palm Square, Center Point Sabah.

She said the Rose Avenue Plaza would complement the new single-story Servay Hypermarket and Rose Avenue Condominium, which are slated to open in November 2022.

The Rose Avenue Condominium extends over 19 floors with a total of 328 luxury residential units on two towers.

Susan said the company decided to accelerate development on Rose Avenue Plaza due to popular demand.

“I’ve had a lot of inquiries about the Palm Square Commercial Center (also developed by the WSG Group), but all of the stores are sold out or rented out.

“We also focused on our projects in Papar.

“But the potential buyers pushed our company to develop new retail space in Kinarut, so we decided to tackle this new project.”

Susan said the company has received a lot of calls from interested buyers since a sign was posted on the premises and some even made their bookings before the brochures were printed.

She said that following the Motion Control Order (MCO), more people are turning to real estate investments because real estate, unlike currencies, would not depreciate in value.

“Since the cross-district travel ban was lifted, we have seen a growing interest in real estate products.

“The government has also provided funding to help home buyers get funding, which bodes well for the real estate industry.”

Despite being a centuries-old community, Susan says Kinarut is thriving with commercial activity surrounded by increasingly populated neighborhoods.

Kinarut is also home to 90-year-old SJK (C) Kin Kiau, Tien Nam Shi temples, churches and mosques, she said.

“Although Kinarut is under the jurisdiction of the Papar District Council, the city is only a short drive from the state capital,” she added.

The WSG Group has carried out several large-scale projects in Kinarut, starting with Taman Sungai Wang, which included 207 two-story row houses that were completed in 2010, followed by Rose Garden with 390 row and semi-detached houses and 14 shops in 2013.

In 2015, the company developed the Palm Square Commercial Center and later the Palm Condominium, which when completed will have five residential towers with a total of 688 units.

The WSG Group is also the developer of Benoni Gardens, Benoni Commercial Center, Parklane City and Parklane Villa in Papar.

The soft launch of Rose Avenue Plaza took place in conjunction with a blood drive organized by. was organized

The Association of the Chinese Communities of the United Sabah of Kota Kinabalu (USCCAKK) and the Hospital for Women and Children (HWKKS) in Likas.

Susan, who is also president of USCCAKK, said the blood drive was the third edition organized by the association.

The first and second editions successfully collected 106 and 94 liters of blood for the hospital, she said.

She urged the public to donate blood as every drop of blood is a gift of life.

The blood drive will take place today (November 20th) from 10 a.m. to 5 p.m. on Palm Square, 4th Floor, Center Point Sabah.

About Yadira Wilkes

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