Radium Development Teams Up with GreenRE for Sustainable Building Practices

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Radium Development partners with GreenRE to promote sustainable building practices, achieving GreenRE certifications for key projects. Discover its eco-friendly initiatives and plans for R Suites Chancery Residences.

Kuala Lumpur, 28th Nov 2024, 02.45pm – Radium Development Bhd has partnered with GreenRE Sdn Bhd to enhance sustainability in its real estate projects. The two companies signed a memorandum of understanding (MOU) to integrate green building principles, aiming to meet rigorous environmental standards.

“Sustainability is not just an option but a responsibility. This partnership underscores our commitment to creating eco-friendly communities and supporting Malaysia’s green agenda,” said Radium Group Managing Director Datuk Gary Gan at the signing ceremony held at the Chancery Ampang Sales Gallery on Thursday.

Radium has already secured provisional GreenRE Gold certification for its projects, including R Suites Chancery Residences in Ampang and Radium Arena in Old Klang Road. Meanwhile, its Radium Adesa project in Sungai Besi has obtained provisional Silver certification.

GreenRE Executive Director Ashwin Thurairajah emphasised that sustainable building practices are now a necessity, stating, “This partnership will have a positive impact on stakeholders, communities, and the environment.”

As part of the ceremony, Radium reintroduced its R Suites Chancery Residences, which now includes a 10,000 sq ft pet-friendly lifestyle park. Gan highlighted the unique feature, noting, “Many public parks in KL are not pet-friendly, and we aim to fill this gap.” Radium is also in talks with an international hotel operator to bring a hotel to the project, with plans to finalise the deal by year-end.

Launched in January 2023, R Suites Chancery Residences is a mixed-use development on a 2.18-acre freehold site near the proposed MRT3 Circle Line Tasik Ampang Station. The 51-storey project has a gross development value of RM500 million and features 944 SoHo units ranging from 452 to 1,873 sq ft, priced from RM422,000 or RM933 psf.

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