E&O, Mitsui Fudosan launch Conlay final phase, already 40% taken up

• Located on a 1.44-acre freehold tract at the intersection of Jalan Kia Peng and Jalan Conlay, the Signature Suites comprises 194 residences on the uppermost floors (levels 37 to 51) of the 51-storey tower. With sizes ranging from 635 to 3,617 sq ft, unit prices range from RM1.52 million to RM12 million.

KUALA LUMPUR (July 18): The Conlay Signature Suites, the second and final phase of the Conlay development in Kuala Lumpur, has been launched. Jointly developed by Eastern & Oriental Bhd (E&O) and Japan-based real estate developer Mitsui Fudosan Group, the serviced apartment project has already achieved a 40% take-up rate.

“The Signature Suites have achieved a 40% take-up since its soft launch in May,” said E&O managing director Kok Tuck Cheong during the launch here yesterday.

He said that 70% of the buyers were from the international market, including Taiwan, Thailand, Australia, Senegal, China, Singapore, Japan and other parts of the region.

Located on a 1.44-acre freehold tract at the intersection of Jalan Kia Peng and Jalan Conlay, the Signature Suites comprises 194 residences on the uppermost floors (levels 37 to 51) of the 51-storey tower. With sizes ranging from 635 to 3,617 sq ft, unit prices range from RM1.52 million to RM12 million.

The first phase of the Conlay Residences, comprising 297 units, have been fully sold since its launch in 2019. With the 491 units from Phase 2, the Conlay project now carries a combined gross development value of RM968 million.

Facilities at Conlay include heated infinity pools, gyms, sky dining, communal lounges and concierge services. A new F&B outlet is expected to open on Level 50 soon.

Designed by Kerry Hill Architects and GDP Architects, with landscaping by Seksan Design Sdn Bhd, the Signature Suites come fully furnished and are delivered under a build-then-sell model.

“Every detail is inspired by our commitment to hospitality and craftsmanship,” Kok said.

Meanwhile, Mitsui Fudosan (Asia) Malaysia managing director Masayoshi Saito said the project reflects a strong cross-border collaboration.

“This partnership combines Mitsui Fudosan’s global vision with E&O’s strong heritage in hospitality and design, creating a truly iconic address for discerning buyers in Kuala Lumpur,” he said. 

On tax developments, Kok said the new sales and service tax (SST) implementation will not affect current projects.

“All our existing projects are under fixed-price contracts, so they’re not impacted.

“For future developments, the company will remain cautious and adapt to any regulatory changes,” he said.

He also revealed that a new project is being planned in Elmina City in Shah Alam, Selangor.

“It is expected to be a headline-grabbing development, with more details to be announced soon,” Kok said.

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