KUALA LUMPUR: Goodwill Polygon Sdn Bhd, the property arm of CASB Group has sold about 70% of the business suites at its new office development QUBE in Shah Alam since the project launched on Aug 8.

The RM130 million QUBE sits on a leasehold tract of 1.27 acres. The 17-storey building contains 140 business suites, a 3-storey retail space, as well as a 4 ½ -storey carpark. The business suites’ sizes range from 547 sq ft to 14,500 sq ft with prices starting from RM450 psf.  The retail space will be leased.

“Investors are assured of income generation,” said Prudence Wong (pictured), Director of CASB Group of Companies and Goodwill Polygon Sdn Bhd. “This is due to the limited stand-alone purpose-built office buildings in Shah Alam, which has resulted in the demand for office space. The property value in turn shall naturally appreciate,” she said.

According to the developer, a CH Williams survey of Shah Alam revealed that no new office buildings in Shah Alam has been built since 2000 and existing office blocks in the QUBE’s vicinity have an average occupancy of 98%.

The QUBE is built according to feng shui principles and is located at the intersection between the Federal Highway and the North-South Expressway Central Link (ELITE) Highway.
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