Property Hunter Magazine Property Hunter Magazine - Issue 56 | Page 14

/// Feature Property Showcase /// FEATURE PROPERTY SHOWCASE SUCCC And USCCA Ink Profitable Joint Venture Deal With City Point Complex A new landmark will take shape in Kota Kinabalu following the official sealed joint venture project between land owners, the Sabah United Chinese Chambers of Commerce (SUCCC) and United Sabah Chinese Communities Association of Kota Kinabalu (USCCA), and Arah Permai Sdn Bhd, the developer engaged to complete the project. City Point Complex is a 16-storey development spread over 2.7 acres of land in Karamunsing with a Gross Development Value (GDV) of RM300 million. The project will consist of 318 units of 5-star hotel suites, four levels of branded retail outlets, a banquet hall that can accommodate up to 200 tables, a 5-storey carpark with 1,000 parking spaces and offices for SUCCC and USCCA. City Point Hotel Lobby Artist’s Impression 14 www.PropertyHunter.com.my