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GuocoLand set to launch TOD project

"Tod is a higher-density mixed development focused around a strategic point in a stransit network. It usually has four different components - apartments, office tower/ hotel, a shopping mall and retail podium" By Sharen Kaur - Published in NST Property on December 6, 2018 MORE property developers are looking at transit-oriented developments (TOD) as, in the current soft market, they believe such projects will sell better and garner more interest from the public than a single-use development or township.
TOD is a high-density mixed development focused around a strategic point in a transit network. It usually has four different components — apartments, office tower/hotel, a shopping mall and retail podium.
A developer can retain some of the components for occupation and recurring income, and sell others to recoup its investment.
GuocoLand Malaysia Bhd, the property arm of Hong Leong Group, is planning to launch Emerald 9, a TOD project at Cheras 9th Mile.
“Eme…

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