|A view of the crowd during the launch of SCP Group’s Seasons Garden Residences. Photo by SCP Group|
KUALA LUMPUR: SCP Group Bhd’s Seasons Garden Residences has achieved an 85% take-up for its first two serviced apartment blocks, Blocks A and B, since its soft launch in June while the recently launched Blocks C and D saw a 50% take-up.
“We are happy to have achieved such a high take-up rate in a short period of three months. It was beyond our expectations,” said property division director Calvin Low in a press release. “We believe the strong response is driven largely by the ‘home’ concept that we are offering for the affordable price that we’re selling.”
Seasons Garden Residences comprises four 35- and 36-storey blocks with a total of 1,502 apartment units. Blocks A and B have sold 566 units out of 666 units released while Blocks C and D have 418 units left for sale from a total of 836 units. The units have built-ups from 770 sq ft to 900 sq ft and the selling price starts at RM394,200.
Seasons Garden sits on six acres (2.4ha) of leasehold land in Wangsa Maju, Kuala Lumpur. The RM800 million development consists of Seasons Garden Residences and Seasons Garden Shops, which comprises 40 shop units that were fully sold after its launch in end-May.
“The 40 shop units located on the ground floor will provide daily conveniences,” Low added. Construction has started and the project is slated for completion in fourth quarter of 2017.
Among the facilities in Seasons Garden Residences are a swimming pool, a wading pool, two gymnasiums, a yoga deck and a children’s play area. There will also be 24-hour security and extensive CCTV surveillance including the basement car park area.
The project is surrounded by shopping malls such as Wangsa Walk and Aeon Alpha Angle, medical centres and commercial business centres.
Seasons Garden is accessible via major highways such as the Duta–Ulu Kelang Expressway, Ampang-Kuala Lumpur Elevated Highway and Middle Ring Road 2, and nearby public transportation systems such as Sri Rampai light rail transit station and RapidKL bus service.
This article first appeared in The Edge Financial Daily, on September 19, 2014.
TOP PICKS BY EDGEPROP
Lebuhraya Putrajaya Cyberjaya (Jalan B15)
Seksyen 25, Shah Alam (Taman Sri Muda)
Shah Alam, Selangor