Only 5% of The Peak Vista left to be conquered

PETALING JAYA (April 28): The take-up rate of The Peak Vista condominium in the “Beverly Hills” of Kota Kinabalu by SBC Corporation Sdn Bhd has soared to 95%.

Knight Frank, which was appointed the exclusive agent for the remaining units, confirmed that the two-block development – a modern condominium integrated with recreational facilities and security features in Signal Hill – has only 15 out of its total 289 units, and three of the total six villas left. Signal Hill is a popular attraction for locals and tourists for being the highest point of Kota Kinabalu, especially famous for its sunset views.

“The development comprises two condominium blocks of 18 and 27-storey buildings known as Blocks A and B respectively, which also accommodates nine units of commercial units,” said Eric Wong a property agent from Knight Frank Sabah in an email to theedgeproperty.com.

Some of the lower level units with a built-up ranging from 1,381 sq ft to 1,937 sq ft, come with a plot of land or garden measuring between 471 sq ft and 985 sq ft. The higher level units, including penthouses, that are available for sale have built-ups of between 3,811 sq ft and 2,448 sq ft with the port or seaview and the city view, or the Likas Bay view. These units, with car parks, are priced between RM1.5 million and RM5.8 million.

The villas, which are over 4,000 sq ft, along with a plot of land or garden varying between 2,302 sq ft and 3,086 sq ft, are available at about RM3.7 million.

The 27-storey Block A, which has three car park levels, was issued the Occupation Certificate (OC) in April 2011, while Block B, an 18-storey building with four car park levels, received its OC on Dec 3, 2012. The Peak Vista sits on a 2.137 ha site.

Located 2km north of the city, The Peak Vista is a mere five-minute drive to three public schools and amenities such as the Likas Sports Complex and Likas Bay Public Park. Its facilities include a swimming pool and jacuzzi, badminton and squash courts, a gymnasum, a multipurpose hall, a barbeque area and 24-hour security.

Sabah has been identified as one of the most attractive opportunities for property appreciation and development in Southeast Asia.