Property Hunter Magazine Property Hunter Magazine Issue 50 - January 2014 | Page 9

B ack in the eighties, Datuk David Chu was a humble car salesperson trying to make ends meet. He started his career from the ground up and eventually decided to operate his own used car dealership. The business was short lived and he was trying to find a way to pursue his passion in property development. built concurrently. With the system, four to five floors can be completed in a month compared to the conventional timber formwork which only allows the completion of two floors per month. Plus, it is almost maintenance free during the construction period and produces the best concrete surface quality. Whenever Datuk David Chu travelled overseas to countries such as Australia and Singapore, he was always at awe of the city landscape with its high rise buildings and modern architecture. He saw the potential of development in Kota Kinabalu and made it his priority to become a part of that growth. Jesselton Residences consists of 333 units waterfront condo and 80% of them sold out since it was first launched two years ago. Datuk David Chu believes that the reason it was a big hit was because of its prime location. He said, “Since the beginning, my priority was always in finding the best location available. Looking for ideal pieces of land is very time consuming and prices are experience, but I believe that it is essential.” During the inception of his first property development, Jesselton Residences, Datuk Chu sought advice from friends who are in the industry. It took him two years to figure out the double-wal