KUALA LUMPUR: NCT Group of Companies launched the third and final phase of its RM1 billion Ion Delemen development in Genting Highlands last month.
The project with a gross development value of RM380 million consists of Tower 4 and Tower 7. The latter is up for sale, while Tower 4’s pricing is being finalised.
“Phase 2 (launched in June) enjoyed an overwhelming response,” said Yap Ngan Choy, group managing director and founder of NCT Group in a press statement recently.
The first phase comprised 248 units of serviced apartments, while the second phase offered 279 apartments. Phase 1 is fully sold, while Phase 2 is 80% taken up.
The development is spread across 10.2 acres (4.1ha), and comprises seven blocks with 1,001 resort-style serviced apartments. Built-ups are from 385 sq ft to 2,970 sq ft.
Tower 7 consists of 333 units. They range from one-bedroom studios to two-bedroom units. Built-ups are from 385 sq ft to 988sq ft, and prices are between RM475,000 and RM1 million. Its penthouse units have built-ups of 3,040 sq ft and are priced at RM4.5 million.
Facilities include a spa, heated infinity pool, and an indoor gym and sauna. A 13,000 sq ft wellness centre managed by JK Medical Group offers a wide array of services including plastic surgery.
Ion Delemen is some 10 minutes’ drive from Genting Highlands Resort and 15 minutes’ away from Gohtong Jaya, the main township in Genting Highlands. It is about an hour’s drive from Kuala Lumpur.
This article first appeared in The Edge Financial Daily, on November 21, 2014.
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