The name ‘Kenwingston’, sounds similar to the group’s Chinese name, which means ‘sure win’” - Dato’ Lovis Lam
year sell-and-lease-back option to the buyers and bring in an established hotel operator. The project, which is in the design stage, is scheduled to be launched by the third quarter of 2017. PRESTIGIOUS CONNECTIONS Dato’ Lovis Lam has a list of achievements lined up for the next five years. He aims at being the most profitable company in terms of construction, maintaining their track record of delivering their projects within
its scheduled time, and diversifying the business to allow for equal contributions from each division. Currently the group’s main revenue comes from the construction and development segment, therefore the five-year plan is to balance the revenue contribution ratio so that the other divisions will contribute more equally. “Currently, we have a land bank of 20 acres and are looking to acquire more land, not only in the Klang Valley but also in other parts of the country. We are also open
to joint ventures,” says Dato’ Lovis Lam. He also wants to emphasize on the importance for investors to look for the right location when it comes to buying property for an investment. The surrounding amenities such as private hospitals and private colleges will play a vital role in ensuring the investors will get back a positive return on their property investments. In fact, Kenwingston chose Cyberjaya to develop Kenwingston Square Gardens as they see a high potential return from the location and are daring enough to use the name Kenwingston in the naming of this project because they are confident in the design, quality, maintenance and second value of Kenwingston Square Gardens for years to come.
WISMA KENWINGSTON No. 82, Jalan Wangsa Delima 6, Pusat Bandar Wangsa Maju (KLSC), Seksyen 5, Wangsa Maju, 53300 Kuala Lumpur Tel: 011 2200 8000 & 011 2220 1111 www.kenwingstonsquaregarden.com www.propertyinsight.com.my DECEMBER 2016 I 17