60% Eclipse Residence taken up since preview

PETALING JAYA: OSK Property Holdings Bhd’s serviced apartments at Eclipse Residence  have seen a take-up of 60% since they were previewed in mid-November, said a company spokesman.

The apartments will be launched this weekend, said Chee Kok Keong, OSK Property’s head of sales and marketing.

“Eclipse Residence is an upgrade of its predecessor to meet the contemporary lifestyles of urbanites, coupled with comprehensive facilities and lush landscapes designed by an award-winning landscape architect,” he told The Edge Financial Daily.

It has a gross development value (GDV) of RM398 million and is in its third phase of its integrated freehold development, Pan’gaea, in Cyberjaya, Selangor.

Chee said Eclipse Residence will be completed in about four years, while the entire Pan’gaea development is expected to be completed in 2018 or 2019, depending on market response.

The development offers 668 fully-furnished serviced apartments within two towers. There are four types of apartments, ranging from one- to three-bedroom suites.

They are priced from RM364,800 with built-ups from 450 sq ft to 990 sq ft. The one-bedroom suites are targeted at young professionals, while the two-bedroom suites are designed to cater to young, small families.

The facilities are on the 10th floor and the roof top. They include the gourmet zone, games room, chill zone, sunken lawn, herb garden, aerobic and yoga zone, jogging track, gymnasium, sauna/steam room and multi-purpose hall.

On the rooftop is a signature beach-themed swimming pool, where residents can enjoy a panoramic view of Putrajaya from the sky deck and lounge area. Communal thematic decks are located on selected levels of each tower and designed for leisure activities.

Other features in Pan’gaea include Paragon’s SoFo suites and boutique retail shops; Solstice Service Apartments; the street mall Patio; and the Gallery Mall, which will have over 300,000 sq ft of net lettable space, and a boutique hotel.

The Eclipse Residence is a 15-minute walk to educational institutions such as the Multimedia University, LimKokWing University and the University College of Medical Science. It is a five-minute drive to retail hubs, business centres and schools, among others. It is easily accessible to Puchong, Kajang, Subang Jaya, Shah Alam as well as  several major expressways.

OSK Property’s total GDV is about RM9 billion with Pan’gaea taking up the largest chunk at RM3.5 billion, followed by the Bandar Puteri Jaya township in Sungai Petani at RM2 billion, and Atria at RM1 billion. — by Wong Mei Kay

This article first appeared in The Edge Financial Daily, on Aprill 11, 2014.

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