Gunung Impian Development
Also known as Gunung Impian Development Sdn Bhd
What we found
Precinct A of Iconia Garden Residence was handed over in 2020 and had reached about 80% occupancy at the time of writing; this does not discuss whether handover was on time relative to the sale and purchase agreement, nor any defect or defect-liability-period issue.
The evidence
1 claim across 1 areaIndependent recognition
PositiveIconia Garden Residence (Precinct A, Phase 10A) in Taman Impian Emas, developed by Gunung Impian Development Sdn Bhd, won The Edge Malaysia-PEPS Value Creation Excellence Award 2023, an award judged on capital appreciation of the completed development; the article reports average capital appreciation of 24.65% for Phase 10A1, roughly 5.8% a year, from a 2018 launch price of RM550,000 to 2021-2023 subsale prices of RM660,000 to RM710,000.
