PETALING JAYA (March 29): Sunway Bhd plans to launch Sunway Geo Residences 3 condominium next month, with indicative selling prices starting from RM850,000.
The group unveiled the show unit of the project, which is the final phase of Sunway Geo Residences, today.
According to Sunway Integrated Properties Sdn Bhd marketing and sales general manager Gerald Yuen, the Sunway Geo development has a total gross development value (GDV) of RM2 billion, while Sunway Geo Residences 3 has a GDV of RM535 million.
Sunway Geo Residences 3 is a 44-storey condominium project housing 420 units. It has built-ups ranging from 988 sq ft to 1,772 sq ft.
"We haven't finalised the official launch date yet, but tentatively, it is a month after the unveiling of the show unit," Yuen told TheEdgeProperty.com.
Sunway Geo Residences 3 will sit on a 6.64-acre leasehold land within Sunway South Quay, a 178-acre international neighbourhood comprising a variety of residential and commercial developments.
Facilities of this project include a seamless infinity pool, kid's pool, rock Jacuzzis, one-acre park and award-winning landscape.
The project will be directly linked to Sunway Geo Retail, with 200 outlets and 600 offices, as well as to the bus rapid transit (BRT) SunMed station, and is just three stops away from the new Kelana Jaya LRT extension and Sunway-Setia Jaya KTM Station.
It also has amenities nearby, such as an international school, university, shopping mall and medical centre.
Yuen said Sunway Geo Residences 3 is slated to be completed by October 2019.
As at today, the first two phases of Sunway Geo Residences have already achieved about 95% sales.