Nexus is a shopping complex, set amidst the offices and residences of the iconic Bangsar South. Nexus perfectly complements this integrated city development by offering a world-class food destination. This 350,000 square feet landmark is also styling the neighbourhood into a thriving integrated urban hub. In this vibrant food-centric precinct, gourmands from all around the Klang Valley will be pleased to find a wide selection of international cuisines; from notable restaurateurs to casual independent cafes and chic alfresco dining venues. On top of the plethora of mouth-watering fares to whet every appetite, Nexus houses lifestyle amenities and services to cater to everyday conveniences.Keeping in mind the time demands of city dwellers and the hassles of being caught in traffic and limited parking spaces in most major retail centres, Nexus offers the ideal venue for any event big or small coupled with ample parking spaces in the highly accessible Bangsar South development. The Grand Nexus Ballroom also offers 1,200 seating capacity for large-scale events including weddings and banquets. It can be divided into three individual ballrooms for more intimate yet grand affairs. On the other hand, Connexion Conference & Event Centre at Nexus is the first fully integrated F&B and banqueting facility in the city, designed to provide maximum convenience and comfort for every occasion.Concerning connectivity, this development is also well accessed to the NPE, Federal and SPRINT highway as well as to Jalan Kerinchi. It is also served by two LRT stations which are within walking distance for commuting conveniences. Some of the notable stations are the Kerinchi LRT Station.
Property Details
Name: Nexus Address: 7, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Developer: UOA Group Sdn Bhd Completion Date: Completed Type: Shopping mall Tenure: Not stated No. of Blocks: Not applicable No. of Storey: Not stated No. of Units: Not stated No. of Bedrooms: Not applicable No. of Bathrooms: Not applicable Built-up: over 350,000 sq ft Launch Price: Not stated Phone: 1 300 88 6668 Email: uoacare@uoa.com.my Website: http://nexus.bangsarsouth.com/Market Trends
Analysis
Founded and listed on the Australian Stock Exchange (ASX) as United Overseas Australia Ltd in 1987, UOA has focused on property development, construction, property investment, and property management. Over time, UOA has successfully developed many prime commercial and residential properties ahead of schedule. On 8 June 2011, UOA successfully listed its construction and development division, UOA Development Bhd on the main market of Bursa Malaysia (Malaysian Stock Exchange) which placed UOA Development Bhd as one of the largest listed property development companies by market capitalisation in Malaysia. The Group is also a majority unit holder and a committed, long-term strategic partner and investor of the UOA REIT (Real Estate Investment Trust) which is listed on Bursa Malaysia (Malaysian Stock Exchange).As at 31 December 2016, the group has completed and delivered projects comprising commercial, retail and residential properties with GDV (Gross Development Value) in excess of an estimated RM11bil.The group has a total landbank of approximately 100 acres with a potential estimated GDV of more than RM19bil to be realised over the next 10 years. Currently, the group’s investment portfolio has grown to a value in excess of RM2.6bil. The UOA REIT investment portfolio includes six key UOA commercial properties, namely UOA Centre and UOA II, Kuala Lumpur, UOA Pantai, UOA Damansara, UOA Damansara II and Menara UOA Bangsar, valued at approximately RM1.13bil.
