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| caption:Visitors viewing the Sunway Iskandar masterplan model at the newly set-up sales gallery. |
KUALA LUMPUR: Citrine, the first phase of Sunway Bhd’s integrated mixed development in Iskandar Malaysia, is enjoying keen interest from property buyers, with its office suites now completely sold out.
In a statement yesterday in conjunction with the opening of its sales gallery, Sunway said it has achieved a 100% sell-out on its office suites.
“We are very encouraged by the strong response to our first launch as buyers liked our approach in providing a holistic range of products to create a community within The Lakeview precinct to live, learn, work, shop and play,” said Sarena Cheah, joint managing director of the property development division of Sunway Bhd for Malaysia and Singapore.
Hisham Hamdan, executive director of investments of Khazanah National Bhd, said Sunway Iskandar’s first phase sell-out is “a remarkable achievement and encouraging news” for all stakeholders of Iskandar Malaysia.
“Since Khazanah and Sunway teamed up in 2011, we have been collaborating to drive Medini Iskandar’s progress as a catalyst development for Iskandar Malaysia. We are confident that this is just the beginning of a greater success story,” he said.
Citrine at The Lakeview precinct comprises 167 office suites and 51 retail units spanning over 140,000 sq ft next to the 20-acre (8.09ha) tranquil Emerald Lake garden.
The office suites range between 746 sq ft and 1,671 sq ft with the average selling price of RM760 psf.
Cheah said 328 serviced apartments (618sq ft to 1,571sq ft) priced between RM800 and RM900 psf will be launched next, followed by landed homes.
“With the overwhelming response for the designer office suites, we [have] decided to immediately open registration for the priority preview of Citrine’s serviced apartments,” she added.
This article first appeared in The Edge Financial Daily, on July 24, 2014.
