E&O to launch second phase of St Mary Residences

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is set to launch the second phase of St Mary Residences, located in the heart of Kuala Lumpur’s central business district (CDB) along Jalan Sultan Ismail, Jalan P Ramlee and Jalan Tengah on Oct 1.

The second phase called Tower A consists of a 28-storey block totalling 288 units. There are rooftop penthouses with built-ups of 6,000 sq ft, 2- and 3-bedroom suites between 1,453 and 2,260 sq ft and 1-bedroom studio units sized at 1,135 sq ft. Units are tagged from RM1.1 million.

Tower A also includes a 2-storey retail annexe featuring bistros and wellness spas. The project is a joint-venture development between E&O and Lion Industries Corp Bhd.

Its first phase saw an 80% take-up rate for the 169-unit Tower C within a month from its soft launch in June, with an average selling price of RM1,000 psf.

St Mary Residences, with a gross development value of RM1 billion, sits on what was previously St Mary’s School and is slated for completion in June 2012. The 1.2-acre freehold development features three towers of 28-storey serviced apartments with a total of 657 units.

A night view of St Mary Residences
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.