KUALA LUMPUR (Nov 28): Radium Development Bhd (KL:RADIUM) has signed a memorandum of understanding (MOU) with GreenRE Sdn Bhd to integrate green building practices across Radium’s projects.
Through this partnership, Radium will leverage GreenRE’s expertise in sustainable design and building certification to incorporate green principles into its developments while ensuring they meet stringent environmental standards.
“Sustainability is no longer an option but a responsibility. We are committed to embedding green principles in every facet of our projects. Our partnership with GreenRE reflects our unwavering commitment to building sustainable communities and contributing to Malaysia’s green agenda,” said Radium group managing director Datuk Gary Gan in his opening speech at the MOU signing ceremony at the Chancery Ampang Sales Gallery here on Thursday.
He added that Radium had already achieved provisional GreenRE Gold certification for its Chancery Ampang, Kuala Lumpur, and Radium Arena, Old Klang Road. In addition, its Radium Adesa, Sungai Besi residential development has obtained a provisional Silver certification.
Concurring with Gan, GreenRE executive director Ashwin Thurairajah said that sustainability building practices are no longer a trend but a necessity. “I am confident this partnership will create a lasting impact not just for the stakeholders but for the wider community and environment.”
Following the MOU signing, Radium also reintroduced Chancery Ampang, which now features a 10,000 sq ft pet-friendly lifestyle park.
“We see a market gap in KL city. Many public parks here are not pet-friendly, hence we decided to introduce this concept in our development. Furthermore, we are negotiating with an international hotel operator to establish a hotel within the project, which we hope to finalise by this year,” Gan told City & Country in an interview after the signing ceremony.
Officially launched in January 2023, Chancery Ampang is a mixed-use development on a 2.18-acre (0.88-hectare) plot of freehold land in Ampang. The project is located near the proposed MRT3 Circle Line Tasik Ampang Station.
The 51-storey development has a gross development value of approximately RM500 million, and offers 944 SoHo units with built-ups from 452 to 1,873 sq ft. The units are priced at RM422,000 onwards, or about RM933 psf.
Article from The Edge Prop: https://www.edgeprop.my/content/1911186/radium-development-partners-greenre-introduce-sustainable-elements-its-projects