Abandoned project to be turned
into city’s signature building
08/03/2007 The Star
ONCE an eyesore, the 19-storey commercial building project in Jalan Dato
Ahmad Said, Ipoh, which was abandoned for the past 10 years, has been
The building, which was initially planned for a hotel, will be converted
into an integrated commercial centre by Ipoh Tower Sdn Bhd.
Its director Jeffrey Liew said the project would comprise business suite,
corporate offices, office units, service apartments, hotel apartments,
penthouses, a club house, a cafe and a swimming pool.
He said that with different types of property built under one roof, the
company was confident that it would be a signature building for the city
when it was completed in May next year.
“It will be the first integrated building in Ipoh,” he told reporters at the
launching of its business suite, service apartments, and office units
Liew said the company had targeted RM70mil from the sale of the project.
He said the company was offering the first batch of its office units for as
low as RM165 per sq ft, adding that the cheapest unit was priced at RM265
per sq ft then when the project started in 1997.
“We bought the half-completed building for RM10mil from Dana-harta two years
ago, which is a huge discount compared to its present market value.
“We are now passing down this saving to our buyers,” added Liew.