JL99 Group

PETALING JAYA (Aug 27): Property developer JL99 Group has presented two serviced apartment units at its LakePark Residence to Olympic silver medallist men’s doubles badminton pair — Goh V Shem and Tan Wee Kiong today.

JL99 Group chairman Datuk Seri Jeff Lee who had watched the Rio Olympics Badminton finals last week said he was overwhelmed by the duo’s performance.

“They [Goh and Tan] are a fantastic pair of players. Undoubtedly, they played absolutely well and they have united us as 1 Malaysia. Apart from them, there are also many Malaysian heroes who fought very hard in Rio Olympics 2016, it showed that Malaysia Boleh,” he told TheEdgeProperty.com.

As one of the sponsors supporting Goh and Tan since last year, JL99 Group has decided to reward the duo as a token of appreciation and encouragement to the national shuttlers.

Lee noted that the company will continue to support the nation’s top athletes as part of its Corporate Social Responsibility (CSR).

“We decided to reward each one of them with a unit of Lakepark Residence @ KL North worth RM673,125 per unit with the size of 1,125 sq ft and we will spend another RM100,000 to upgrade the unit to be fully furnished. On top of that, we will present another cash reward of RM100,000," he said. 

Goh and Tan were present at JL99 Group’s sales gallery today in a ceremony to “receive” the condo units.

Located in KL North in the vicinity of Selayang, the 5.13-acre leasehold project has a gross development value (GDV) of RM520 million. It comprises 916 units of serviced residences in two towers of 40 and 42 storeys.

The built-up sizes of the units range between 975 and 1,548 sq ft, with an average selling price of about RM600 psf.

LakePark Residence’s current take-up rate is about 70% and is slated to be completed by end 2017.

The on-going projects by JL99 Group include The Reach at Titiwangsa and Legend Heights at Sri Segambut.

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