Malaysian property developer, Sunsuria, and Welcome Global Company, a unit of South Korean outfit Ever Rich Land Company, are firming up plans to jointly develop an 8.5-acre parcel of land in Salak Tinggi, 50km south of Kuala Lumpur.

According to reports, the land is slated for a mixed-use development comprising serviced apartments, a shopping mall, theme park and boutique hotel. The project has been valued at MYR700m ($170m).

Sunsuria’s other notable projects in Malaysia include Suria Residence, which comprises freehold serviced apartments, and Trivo, a soon-to-be-completed commercial development.