Australian developer EXAL is marking its entry into the Malaysian market late last year with the purpose of building a sustainable space for multi-generational living.
Founded in 2016, EXAL has developed an impressive track record for modern and sustainable living. Now, managing director Albert Ko – is bringing EXAL back to his roots through the SÓL Estate project in Kuching, Sarawak – the company’s first-ever project on Malaysian soil, EXAL is looking to incorporate a functional and progressive design, to assimilate revolving lifestyle needs with nature here.
With increasing concerns about climate change, alongside community interactions, environmental, social, and governance (ESG) considerations now form a key part of company strategy across various industries.
A survey by PricewaterhouseCoopers (PwC) reveals that 18% of Malaysia’s corporate sectors, including construction, have made a commitment to net zero emissions — and the property industry is leading the charge. In line with this, developers, such as EXAL, are working to meet these concerns, refocusing priorities to instead concentrate on the incorporation of sustainable infrastructure and liveable spaces.
A boutique developer which had its start in Western Australia, EXAL currently has 12 development projects under its belt with completed projects and on-going projects. This includes single-unit and townhouse properties, apartments and township projects.
“We pride ourselves on creating developments with integrity— development projects which are curated based on the core values of our company — professional expertise, whole life cycle service and commitment,” said Albert.
“Our team utilises our professional expertise and background in project delivery, legal, finance, and real estate to best serve our clients. At the same time, we understand that the property development cycle is a multi-layered process, and we work towards adding value to each phase of the development value chain, and committing ourselves to excellence and integrity in every project we undertake.”
The Malaysian development, known as SÓL Estate, is situated on Arang Road West, Kuching, Sarawak. The RM365 million residential project covers a 31-acre (28.5ha) area and boasts meticulously crafted solar-orientated structures with a beautifully functional design
“In developing and managing projects, our previous projects and experiences in Australia remain just as vital to this development, Albert added, noting that key lessons and experiences on matching client expectations have been carried over in determining how to best address the goal of creating a sustainable development space. “We’re committed to completing high-quality developments, and our completed projects down under are testimony to that.”
The development currently features 269 bespoke homes across three phases, with 70% of the phase one property sold, while the rollout for phase two is slated for 4Q23.
Some of their spotlighted projects in Australia, which are currently ongoing include:
- Waterford Purpose-Built Student Accommodation, which is located at the doorstep of Curtin University and Canning College. The proposed development comprises private student rooms and several retail outlets and will be the first privately operated student accommodation within close proximity to the university, providing safe and secure accommodation to students of the university.
- Melvista on Broadway, a proposed boutique residence consisting of 25 spacious apartments and 2 luxury penthouses, as well as commercial facilities. This development marks a new benchmark in contemporary architectural elegance and incorporates state-of-the-art sustainability features, boasting a NatHERS Rating of up to 8 stars.
- Camberwell Gardens, a boutique townhouse development, which is strategically located near public transport facilities, while providing an affordable, bespoke housing option for first-time homeowners.