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Thursday, December 27, 2007

PJ Trade Centre Topping Off

RM70 Million loan facility secured from AmBank

PJ Trade Centre, a Grade A office development near IKEA in Petaling Jaya, marks the topping-off of its Phase 1 this week. The first tower has reached the roof level and the 20-storey structure is highly visible as it is fronting the LDP and Sprint Penchala Link.

Work on the project is progressing smoothly and Phase 1 of the project is expected to be completed in February 2009.

PJ Trade Centre is one of the largest office developments in the country, with a net area of 810,000 square feet spread out over its four towers.

Tujuan Gemilang Sdn Bhd, the developer of PJ Trade Centre, has also recently secured a loan facility of RM70 Million from AmBank (M) Berhad.

'With the loan finalized, and with advanced sales of the project, we are now focusing on delivering a quality project that we hope will be a landmark,' said Ahmad Khalif, chairman of Tujuan Gemilang.

Over 90% sold
The project has secured more than 90% sales to-date. Three of the four towers have been sold en-bloc, including a tower that was sold to a diversified conglomerate with global interests.

The fourth tower offers office suites from 2,100 to 3,000 square feet, and limited units are available for sale. There is also a very unique penthouse office of 50,000 square feet that comes with a private sky garden and naming rights for the 20-storey building.

For more information call 03-7713 3800 or visit

By the Star

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