IOI Rio is a next-generation smart city located in the 930-acre integrated development of Bandar Puteri Puchong.
IOIPG adds value by fostering better, more sustainable lifestyles
In line with its Trusted vision, IOI Properties Group (IOIPG) is continuing to double down on its key value propositions of sustainable living and seamless connectivity via its developments.
With an annual turnover of RM2.6bil, the integrated township developer holds a vast landbank in strategic locations such as Puchong, 16 Sierra, Putrajaya, Bangi, Sepang and Banting. It also has a significant presence in Johor with township developments in Segamat, Kulai and Johor Bahru. The overseas projects in Singapore and China are also on track to contribute to the group’s future growth.
“The group’s vision – to be a trusted brand for our customers and all stakeholders – requires consistent delivery of innovative and high-quality products and service standards, alongside commitment to honouring our obligations and taking responsibility for our actions.
“To support our aspiration of building trust with all our stakeholders, we begin by strengthening the culture of mutual respect and fair play with all our business partners, suppliers, consultants, contractors and service providers. These are key partners in our missions to deliver our promises to our customers,” said IOIPG chief executive officer Datuk Voon Tin Yow.
IOIPG does this by leveraging on technology for speed and accuracy to ensure product and service excellence via increased engagement with customers and stakeholders, real-time process tracking and monitoring, as well as assessment and improvement through data analytics.
Product quality is also assured, as IOIPG has consistently achieved high Quality Assessment System in Construction (Qlassic) scores above 80% for its projects.
In Xiamen, China, IOI has the IOI Palm City mixed development, which includes IOI Mall Xiamen that began its operations in the fourth quarter of 2021.
Vibrant integrated developments
The group’s commitment also extends to creating vibrant integrated developments with products that are in line with market demand, as well as close to transportation and contemporary conveniences.
Voon added, “We incorporate sustainable living and seamless connectivity as key value propositions for our developments, as seen in our signature developments of IOI Resort City in Putrajaya and IOI Rio in Bandar Puteri Puchong.”
The development IOI Resort City, Putrajaya incorporates design features that harness natural light, encourage cross and natural ventilation, reduce dependency on mechanical systems that consume energy, as well as incorporate energy management systems into its building automation systems to help reduce overall energy consumption and carbon footprint.
It is served by one of the best highway networks in the country, linking it to the Kuala Lumpur city centre and the surrounding areas of Putrajaya, Cyberjaya, Kajang, Bangi, Sepang, Puchong and Seri Kembangan. IOI Resort City is approximately 30 minutes away by car from the Kuala Lumpur International Airport.
Meanwhile, IOIPG’s 80-acre integrated development IOI Rio – which stands for Rejuvenated, Innovative and Original – is positioned as a next-generation smart city located in Bandar Puteri Puchong.
Seamlessly integrated into the transportation network, IOI Rio is poised to be a location of choice for technology startups and established businesses, with an abundance of technological innovation.
“The years of 2022 and 2023 are going to be busy for IOIPG as we continue to launch in Klang Valley and Johor. On the property investment end, more net lettable area (NLA) will be added to our portfolio with the completion of a few key projects locally and overseas”, added Voon.
With the recent opening of the IOI City Mall Phase 2 with NLA of 1 million sq ft – the latest addition to its flagship integrated development IOI Resort City – the mall is touted to be the biggest mall in Malaysia, with a total net lettable area of 2.5 million sq ft and a major retail destination with a potential catchment of 3.1 million people.
Meanwhile, construction is ongoing for IOI Central Boulevard Towers in Singapore and the Signature office in Xiamen, China. Hence, the group anticipates that its NLA will rise from 7.3 million sq ft to 9.9 million sq ft with the completion of the said developments.
The 10-acre Central Park at IOI Resort City aims to conserve plant species that are critically endangered or threatened under the International Union for Conservation of Nature-Red List of Threatened Species.
Eye on sustainability
IOIPG is also pushing forward on its sustainability agenda with various initiatives.
At IOI City Mall, solar panels have been installed on the mall’s rooftop in 2020, as well as chilled water thermal energy storage tanks with a combined capacity of 62,000 cubic metres, in order to promote efficient electricity usage, with the aim of reducing carbon emissions.
The usage of solar energy is part of the group’s efforts to reduce energy consumption from the grid by 15% to 20% for its malls, as well as the IOI Rio offices in Puchong.
These initiatives demonstrate IOIPG’s commitment towards caring for the environment by adopting technology to fight climate change.
Furthermore, in the first quarter of 2023, the group will be opening the 10-acre Central Park of greens and landscape within its signature IOI Resort City, which spans a vast 788 acres and is master planned to be the pulse of the southern Klang Valley.
IOIPG is committed to building sustainable communities that strongly reflect the group’s vision to be a trusted brand. To know more about IOIPG and for updates on its latest developments, visit www.ioiproperties.com.my.
The completion of the IOI Central Boulevard Towers in Singapore is expected to be in 2023, but leasing activities have commenced.
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