03 Jan 2024 PGF Capital unveils RM3b integrated township project in Proton City
Spanning 161.87 hectares, the township aims to create a harmonious and sustainable living environment over 10 to 15 years.
The comprehensive development includes residential and commercial units, agriculture plantations, aquaculture activities, eco-tourism, an eco-retreat, and lifestyle communities, including a retirement and wellness village.
Leveraging AHTV’s potential, PGF Capital aligns with China’s automotive powerhouse Zhejiang Geely Holding Group’s RM46.8 billion investment.
The master plan envisions a vibrant community with integrated amenities and infrastructure.
PGF Capital has signed a joint venture agreement with Malvest Properties Sdn Bhd for Phase 1, featuring an estimated GDV of RM600 million and highlighting technology integration for sustainable living, including electric vehicles, AI-enhanced security systems, and solar energy adoption.
The development plan awaits approval from the Perak state government, with the first phase targeted for launch in 2024. –TMR