Sunway Geo Residences 2 preview draws good response

PETALING JAYA: Sunway Bhd’s public preview of its Sunway Geo Residences 2 show unit has drawn more than 900 registrations of interest for the available 318 units. More than 1,000 people came for the unveiling late last month.

The project is part of the 23.4-acre (9.47ha) integrated Sunway Geo development, which has a gross development value (GDV) of RM2 billion. Previous launches include retail shops, flexi suites, serviced apartments and residences. It is located in the education and healthcare precinct of Sunway Resort City (SRC).

Sunway Geo Residences 2 offers units with built-ups ranging from 654 sq ft to 1,055 sq ft. Some units will have an unobstructed view of the Sunway South Quay lake and Sunway Lagoon. Selling prices start from RM650,000 or RM1,000 per sq ft (psf).

One of the factors that attracted property purchasers to the development is Malaysia’s first Elevated Bus Rapid Transit (BRT) — Sunway Line — which will have direct connection to Sunway Geo and which is expected to be completed in early 2015, said Ong Ghee Bin, Sunway property development division (central region) executive director in a press release recently.

“The BRT electric bus is set to change the landscape of SRC. It will reduce traffic congestion and provide the public with an eco-friendly and time-efficient transportation. In addition to that, the expansion of Sunway University and Sunway Medical Centre will provide residents and visitors of this area an expanded opportunity for learning and added services of healthcare.

“Integrating all these components together will be the expansion of the Canopy Walk. Buyers can look forward to the completion of these five game changers in the next few years, contributing to capital appreciation and connectivity of the area,” said Ong

The 5.4km Sunway Line will connect to the USJ 6 LRT station, which is currently under construction, and to the existing Setia Jaya KTM station.

Residents will also have access to over 200 retail outlets and over 600 office suites which are set to be completed in 2017. Other amenities include an aqua gym, a swimming pool and jacuzzi, all of which will be facing the lake.

New developments such as Sunway University’s new academic building, which is set to be completed by 2015, as well as Sunway Medical Centre’s expansion plan to construct a new block are set to increase the convenience for the community in SRC.

Sunway Geo will also be secured by Sunway’s own security team and CCTV under its Safe City Initiative.

“Facilities and amenities are all located within a short distance away. Sunway Geo will benefit from the integrated components of SRC. The BRT and canopied walkway will connect Sunway Geo to other components in SRC, namely retail, residences, offices, hospitality, and leisure,” said Ong.

More than 1.000 people came for the unveiling of the Sunway Geo Residences 2 show unit.

This article first appeared in The Edge Financial Daily, on July 11, 2014.