news

Sunway Belfield's first tower records 80% take-up rate

PETALING JAYA (April 1): Sunway Belfield, Sunway Property’s latest freehold residential development in Kuala Lumpur, has achieved an 80% take-up rate despite its soft launch during the movement control order (MCO) early this year.

Sunway Belfield comprises three residential towers which will house a total of 1,330 units of serviced apartments. Tower A and B will have 55 storeys with 440 units each while Tower C will have 56 storeys with 450 units.

Tower A, which launched in January this year, saw 80% of 440 units snapped up by homebuyers within three months.

In a media statement today, its central region property development division executive director Chong Sau Min attributed the success of the development to a combination of its strategic location, freehold tenure, its green features, and the development’s consideration of the new norm lifestyle.

Following the good response, the company will also open up the second tower of Sunway Belfield to interested buyers.

Sitting on a 5.43-acre freehold plot in Kuala Lumpur, the residential development has a gross development value (GDV) of RM 1 billion.

Within a 5km radius lies Suria KLCC, KL Tower, Tun Razak Exchange (TRX), Alice Smith International School, Taylor's International School, Pavilion Kuala Lumpur, Tung Shin Hospital and Sunway Velocity Mall.

For public transportation, residents will be able to utilise the Maharajalela monorail station about 400m away - putting them two stops away from the KL Sentral transit hub and three stops away from the Bukit Bintang MRT station.

Just 400m away is SJK (C) Kuen Cheng 1 while 800m away is Petaling Street and the upcoming Merdeka 118 tower that's been touted to provide one million sq ft of shopping and entertainment spaces, 83 storeys of corporate offices, 12 storeys of hotel rooms, five storeys of hotel residences and a retail business centre.

“Sunway Belfield is a Green RE-certified sustainable development and is designed with Sunway Property’s value proposition blueprint for all its developments - connectivity, healthy lifestyles, convenience, community and security in place.

In addition, we have taken into consideration the new norm lifestyles such as the renewed focus on health and wellbeing and the work from home trend," said Chong.

Get the latest news @ www.EdgeProp.my

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. Making your home a safe sanctuary
  2. IJM Corp lands two contracts with combined value of RM327.6 million
  3. Sunway Property sets RM1.6b sales target for 2021, expects a better year ahead