Sunway Berhad, through its wholly owned subsidiary Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn Bhd to acquire a parcel of 17.58-acre prime freehold land in the thriving neighbourhood of Taman Taynton, Kuala Lumpur (KL), for a purchase consideration of RM320 million.

The parcel of land is earmarked for a mixed-use development, with an estimated gross development value of RM3.2 billion. The proposed development will integrate opulent serviced apartments offering a unique urban living experience with a vibrant wellness-focused retail podium featuring health and wellness clinics.

In line with Sunway's ongoing commitment to sustainability, the project will be designed with the Sunway Design and Development Architecture as its governing design philosophy to deliver unrivalled sustainability, innovation, health and wellness, and lifestyle and new experiences for the community.

Expressing her enthusiasm for the project, Sunway Property Managing Director Sarena Cheah said the proposed acquisition represents an exciting opportunity to meet the growing demand for high-quality, integrated developments in KL.

"Our vision is to create a holistic community space centred on wellness that serves the evolving needs of modern urban lifestyles. We are confident that this development will catalyse and elevate the growth in the surrounding area," she said.

Strategically located with direct access from the Middle Ring Road 2, the development is seamlessly connected to key highways including the Shah Alam Expressway, Grand Saga Highway, East-West Link and Maju Expressway.

The site is located 500m away from the EkoCheras bus stop/taxi stand, 800m away from Taman Mutiara MRT station, 5km away from the Cheras LRT station and 6.3km from the Terminal Bersepadu Selatan.

Sunway Property will work closely with local stakeholders and planning authorities to ensure the development meets the highest standards of quality, safety and environmental responsibility. This new endeavour reaffirms Sunway Property's position as a leader in innovative, sustainable urban developments, continuing its legacy of building thriving communities that stand the test of time.