OCR Land tops up YOLO Signature Suites 'socialtainment' project

• The boutique property developer said the low density 40-storey high-rise features 395 exclusive units in Bandar Sunway’s first "socialtainment" hotspot, which features vibrant modern lifestyle elements, including Bandar Sunway’s first Bangkok-themed sky bar by Double O Group, with a view of the Bandar Sunway urban enclave.

KUALA LUMPUR (Dec 22): OCR Land Holdings Sdn Bhd has topped up the YOLO Signature Suites of its RM284.9 million gross development value project in Bandar Sunway.

OCR Land serves as the exclusive marketing partner of OCR Group Bhd.

In a statement on Thursday (Dec 22), the boutique property developer said the low density 40-storey high-rise features 395 exclusive units in Bandar Sunway’s first "socialtainment" hotspot, which features vibrant modern lifestyle elements, including Bandar Sunway’s first Bangkok-themed sky bar by Double O Group, with a view of the Bandar Sunway urban enclave.

The company said YOLO’s "socialtainment" concept had caught the eye of other retail tenants, with early entrants including the likes of ZUS Coffee, convenience store Eco Mart and a Taco James drive-thru.

It said YOLO also features landscape decks, a swimming pool and a well-equipped gymnasium on Level 11 to foster community bonding and healthy lifestyles.

OCR Group managing director Billy Ong Kah Hoe said the developer was inspired by the fast-moving pace of today’s youth and wish to enable them to embrace the next height of enjoyment.

“The early commitment from leading retailers also indicate the firm future potential of YOLO in becoming the next urban lifestyle hotspot. We are surely encouraged by this vote of confidence.

“This innovative concept with high exclusivity is well supported by the prime location and surrounding amenities, making YOLO an attractive investment choice.

“We are confident that YOLO will be able to derive high rental cover with yields of up to 8%,” he said.

At the time of writing on Thursday, OCR Group was flat at 10.5 sen a share, with 10,000 shares traded.