NEWS / Second Flagship Project In Melaka

Second Flagship Project In Melaka: Damai Residence Sdn Bhd And Maming Development (Laksamana) Sdn Bhd Sign Landmark Agreement

Petaling Jaya (September 29, 2023): In a significant move, Damai Residence Sdn Bhd (formerly Damai Residences Sdn Bhd) and Maming Development (Laksamana) Sdn Bhd (a member of Maming Group) have formalized their agreement for the purchase and sale of a prominent property in Melaka, Malaysia. This landmark deal marks the second project in Melaka for Maming Group after D’Bayu Residen and is set to bring exciting development opportunities to the region.

Nestled in the heart of Kota Laksamana, Melaka, this one-acre parcel of land holds potential as vast as its size, with exciting plans for a mixed development that includes 29 charming shops and 144 luxurious service apartments.

What sets this development apart is its forward-looking and modern premium concept, offering unit types ranging from 900 sq. ft. to 4,000 sq. ft., ensuring a diverse and sophisticated living experience that captures captivating sea and city views for all.

This low-density project is expected to sell at an approximate price starting from RM450 per square foot, making it a valuable investment for either personal use or as part of your investment portfolio. Additionally, it is conveniently situated within a short walking distance of the bustling commercial hub.

A New Milestone in Melaka:

Expected to be commenced in the third quarter of 2024, this agreement signifies a significant achievement for Maming Group. It serves as a testament to their dedication to investing in Melaka’s rapidly expanding real estate sector, further enhancing the region’s reputation as a dynamic hub for development and investment.

For further information and inquiries regarding this significant project and partnership, please contact: 03 – 7931 1888.

View from a 60m High Drone Shot of the Project Site - Sea View
View from a 60m High Drone Shot of the Project Site - City View