KUALA LUMPUR (Nov 14): Developer KSK Land Sdn Bhd will be launching the first residential tower of its much-anticipated integrated project, 8 Conlay, in Kuala Lumpur on Nov 18.
There are three components to the whole development – two branded residences known as YOO8 serviced by Kempinski, a hotel tower (hotel units and strata hotel suites) and a podium comprising retail space, car park and a banquet hall.
The first tower has 564 units with built-ups of between 700 sq ft and 1,308 sq ft. The indicative average price is RM2,700 psf.
8 Conlay, the first property project by KSK Land, has a gross development value of RM4.5 billion.
The developer signed a management agreement with Europe’s oldest luxury hotel group Kempinski Hotels in November last year.
“We’re here to take luxury apartments and luxury living to the next level -- and that is how the branded residences came about. There are three main components to them. One of them is architecture -- and what it means for us is liveable and sustainable architecture. We have one of the top architects in Malaysia, Hud Bakar. Second, good design. We are working with YOO and Steve Leung in collaboration with John Hitchcox and Philippe Starck. Impeccable is the last piece and this is where Kempinski comes in,” KSK Land managing director Joanne Kua tells City & Country recently. Kobkongsanti of TROP is the landscape designer.
Located on 8 Jalan Conlay in the heart of the Golden Triangle and a few minutes’ walk from the Bukit Bintang shopping district and Pavilion Kuala Lumpur mall, the development is only a five-minute drive from the Tun Razak Exchange (TRX).
Just to recap, KSK Land acquired the land in Jalan Conlay from Suasana Simfoni Sdn Bhd in 2Q2013 for a cash consideration of RM568 million. The developer is focusing on branded property with high-rise residential and mixed-use commercial developments across the Klang Valley and Penang.
For the full story, read City & Country, the property pullout of The Edge Malaysia weekly, on Nov 16. Subscribe to The Edge Malaysia weekly here.