Gunung Impian Development
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
Corporate continuity
Gunung Impian Development Sdn Bhd (199101001129 / 211440-A) was incorporated on 21 January 1991, and its principal activities are property development, investment holding and golf course operation.
Independent recognition
PositiveGunung Impian Development Sdn Bhd won at The Edge Property Excellence Awards 2023 for Iconia Garden Residence (Precinct A – Phase 10A), Taman Impian Emas.
2 more findings
Iconia 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.
Gunung Impian Development Sdn Bhd won at The Edge Property Excellence Awards 2024 for Iconia Garden Residence (Precinct B), Taman Impian Emas, an affordable-housing project.
