Shaftsbury Square offers offices and serviced apartments in second phase

CYBERJAYA: Shaftsbury Capital Sdn Bhd has recently launched an office tower at its Shaftsbury Square mixed commercial development in Cyberjaya.

The 21-storey office tower is part of the second phase of the development which also comprises a 24-storey block of sohos and serviced apartments.

With a gross floor area of 194,000 sq ft, the office tower offers 114 office units ranging from 599 sq ft to 1,119 sq ft. Half floors and whole floors are also available for sale from the 11th storey upwards, measuring 4,808 sq ft and 10,657 sq ft. They are priced at RM600 psf on average, said Shaftsbury Capital chief executive officer Tan Chee Kian.

Tan told theedgeproperty.com via email on Monday, Dec 20 that the office units have so far been 30% taken up following their launch on Dec 18. Meanwhile the 417 SoHo/serviced apartment units which were launched earlier in October has been 70% taken up.

The first phase which comprises a 21-storey block of SoHos and serviced apartments as well as 145 units of shops have been sold out, he added. The shops are sized from 600 sq ft to 7,000 sq ft and are priced at RM700 to RM800 psf. The retail units are scheduled for completion in 2012 while the rest of the development will be completed in 2013.

Shaftsbury Square has a total net lettable area of 207,204 sq ft. There will be 780 serviced apartments and SoHos in total with sizes ranging from 463 sq ft to 1,373 sq ft.

The project, which has a total gross development value of RM700 million, is built over a 13.09-acre plot of freehold land.

It is under the Multimedia Super Corridor (MSC) located within the Cyberjaya flagship zone, along Persiaran Multimedia.

Shaftsbury Square represents Shaftsbury Capital's maiden property development venture. The company is a subsidiary of Ikhasas Sdn Bhd, which is involved in construction, harnessing solar energy, automated fare collection systems, maintenance of mechanical and engineering (M&E) facilities as well as trading.