Rising Star in Central Malaysia – I Property Magazine, July 2016

Ir. Loh Ban Ho, Managing Director of Mansion Builders, was featured in the July 2016 issue of I Property Magazine as a rising star in Central Malaysia’s property development scene.

In the interview, Ir. Loh Ban Ho shared insights on Mansion Builders’ signature project in Falim, Ipoh, highlighting the company’s commitment to innovative design, quality construction, and integrated developments. The feature showcased the firm’s vision for creating landmark properties in Perak, reinforcing Mansion Builders’ reputation as a leading developer in the region.

First Square @ Ipoh: A Rising Star in Central Peninsular

Mansion Builders is on a trend-setting path in Ipoh, presenting sterling developments to fuel robust economic activities in central Peninsular.

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Mansion Builders, a reputable developer in the central Peninsular region of Perak, is on a trend-setting journey with its latest developments.

Leveraging on Perak’s convenient location and strategic position between Selangor and Penang as well as excellent accessibility, Mansion Builders has taken bold steps to introduce sterling developments in the township of Ipoh.

Perak holds excellent potential, served by port and airport facilities in Lumut and Ipoh as well as Port Klang — all of which are easily accessible through highways connectivity. Being strategically located, Perak has the advantage of a large domestic market and proximity to the Klang Valley, Penang, and other highly populated cities. Dr. Lim Kok Hee, chairman of the Perak Chinese Chamber of Commerce and Industry (PCCCI) has been quoted as saying that Perak’s economy has been growing at a healthy rate of 5% annually since 2009.

This robust performance is contributed by the diversified industrial base, which encompasses manufacturing, services, and agriculture. Perak is also Malaysia’s first inland port and a major logistics hub in Peninsular, which serves as the main port of import and export for large and small industries within Kinta Valley and its surrounding areas.

Perak’s excellent infrastructure has encouraged the establishment of many international companies that are engaged in the production of major towns such as Ipoh, Taiping, and Teluk Intan.

First Square @ Ipoh

Mansion Builders has embarked on a project called First Square, a commercial development on a 3.5-acre site in Ipoh, boasting a gross development value of RM90 million.

The development will comprise of 43 units of 4-storey shop offices with a total built-up of 5,800 sq. ft. per unit as well as the largest sports arena in Ipoh measuring 50,000 sq. ft. which will be able to seat 5,000 spectators.

Also planned for the future is a 5-Star Hotel that will house 250 rooms, a grand ballroom, and a swimming pool. In addition, the development will also encompass a canteen, food and beverage outlets, leisure and retail outlets.

The ground floor and first floor of First Square will host F&B, leisure and sports retail outlets, while the second floor will host the large sports arena and an adjoining hotel in the next block. The development is designed with a Portuguese-style theme. Recognising the unique and distinguished modern development and building designs, Mansion Builders explored many innovative commercial concepts before deciding on this blend of old world charm and modern design lines. First Square boasts a gross development value of RM90 million and stretches across 3.5 acres.

Special Focus

Set to be a one-stop centre, First Square was conceptualised to bring the community together and encourage healthy lifestyles in a common and conducive environment by integrating leisure through sports, recreation and leisure.

Mansion Builders have signed an agreement with the established Ipoh Sports Arena (ISA), who will be run by an established professional sports company that manages sports complexes in Malaysia. ISA will be investing approximately RM20 million in establishing the sports facilities in First Square.

The state-of-the-art sports arena administered by ISA, which will be First Square’s anchor tenant, presents Olympic-sized facilities designed to accommodate 5,000 people in a 100,000 sq. ft. floor area. This iconic venue is designed for international tournaments as explained by Dato Jack Koh, the owner of ISA and also one of the key people behind the Malaysia Purple League operation which encourages and builds budding talents in badminton, through tournaments across the country.

ISA will be the largest sports arena in Ipoh, located within First Square. According to Dato Jack Koh, ISA will also be Malaysia’s first Sports Arena Badminton Stadium that will be the first sports arena of Kinta Valley and the only indoor stadium in the northern region that has the facilities to house any upcoming international tournaments and guidance for young talents.

Aside from an upcoming 5-Star Hotel with a swimming pool of Olympic size, which can sit up to 250 banquet spaces, First Square is designed to cater for a variety of needs. The sports arena will house sports facilities, a gym and other F&B outlets, leisure and retail shops all within First Square, offering 250 car parks in a shop office development.

Investment & Units

Targeted at investors and entrepreneurs, First Square’s shop office units are priced from RM980,000 and above. Each unit, expected to be launched in July 2016 and scheduled for completion in December 2017, is designed for shop offices and retail units.

A unique offer has been put forward by Mansion Builders to potential business owners to take up units at First Square. During the three-year construction period as well as an additional rent-free period, whilst buyers or investors are offered rental packages from franchisees and business outlets to include peace of mind for their business operations. This attractive package gives franchisees the ability to buy, rent, and lease out shop office units in First Square.

The 4-storey shop office blocks will house facilities designed to create a lively commercial hub within Ipoh, where shops, retail outlets and F&B will all be strategically located. Tenants include Popular Bookstore and Texas Chicken outlets.

The development’s location in Ipoh also provides easy access to many established places such as Jalan Kledang, Gunung Rapat, Menglembu, Jalan Pasir Puteh, and Jalan Lahat, and offers accessibility to Sultan Azlan Shah Airport, Ipoh Parade Shopping Centre, AEON Kinta City, Simee, Fair Park, Gunung Rapat, Cameron Highlands, Taiping, Penang, Cameron Island, University Pertahanan, Trolak, and Pangkor Island.

Mansion Builders – A Developer with a Vision for the Future

Founded in 2001, Mansion Builders is the brainchild of Ir. Loh Ban Ho.

As a reputable developer in Perak, Mansion Builders is known for delivering sterling projects that uplift communities and enrich lifestyles. The company has since continued to strengthen its track record in the property development industry with successful projects in Perak.

Mansion Builders has had a major influence in the development of Perak’s property landscape and will continue to spearhead developments that will set benchmarks for the industry.

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