IOI Properties

KUALA LUMPUR (March 23): IOI Properties Group Bhd plans to officially launch two residential blocks of its new freehold mixed development Conezion @ IOI Resort City at Putrajaya this weekend.

The project has received 600 registrations of interest since last December, senior general manager Lee Yoke Har told TheEdgeProperty.com.

The project consists of four 31-storey and 32-storey towers with 1,326 units of serviced apartments, and 14 blocks of commercial and office units that are 2, 4 and 5 storeys.

The serviced apartments have three layouts with built-ups ranging from 750 sq ft to 1,200 sq ft and prices from RM459,000 or RM530 psf.

Every serviced apartment unit comes with two parking bays. There are a total of 3,200 car parking bays spread over five podium levels and four basement levels.

Other facilities of this project include a swimming pool, wading pool, aqua bed, mini theatre, learning lab, chill-out deck, gymnasium, games room, children’s art studio and multi-purpose hall and court.

IOI Properties plans to lease the commercial units out, but details of the units have not been firmed up yet, said Lee.

Conezion, which has a gross development value (GDV) of RM1.4 billion, is five minutes to Putrajaya’s centre, 20 minutes to the Kuala Lumpur International Airport and 30 minutes to Kuala Lumpur’s city centre via the MEX Highway.

It is also connected by major highways, such as the ELITE Highway, Silk Highway and Lebuhraya Damansara Puchong.

“We are targeting people who enjoy living in a connected lifestyle, for example, newly-married couples, small families, parents purchasing for their children due to the scarcity of land at a good and prime location and the affordability of the property, as well as investors,” she said.

The project, which opened for registration of interest since last December, has drawn mostly prospective buyers from Kajang, Puchong, Seri Kembangan, Serdang and Putrajaya.

“Some of the selling points of this project are it is just located 700m from IOI City Mall, Putrajaya; it has a high investment value; it has retail, office and residence all under one address; and it is a freehold development,” said Lee.

Do not ask your uncle about the value of your home. Click here at The Edge Reference Price to find out.

SHARE
RELATED POSTS
  1. Mah Sing buys 8.2 acres of land in Puchong for RM86m from Tanco MD Andrew Tan’s firm
  2. DONE DEAL: Shoplot, Taman Bukit Serdang, Seri Kembangan, Selangor
  3. 30% cut in assessment for Putrajaya houses costing below RM300,000