Sunway Vivaldi's final block launched

KUALA LUMPUR: The last phase of Sunway Vivaldi, comprising one block of 18 condominium units, was launched over the weekend of Sept 4.

The freehold project located near Mont’Kiara in Kuala Lumpur has achieved a take-up rate of 60% since its official launch in June last year, an official of developer Sunway City Berhad said.

The latest units have a standard size of 2,573 sq ft with prices starting from RM781 psf .

The luxury condominium covers 7.7 acres and comprises three blocks of 9-storey normal condominium units and three blocks of 20-storey housing duplexes. Located adjacent to the commercial hub of Desa Sri Hartamas, Sunway Vivaldi has a gross development value of RM635 million.

It has also received Singapore’s Building and Construction Authority’s Green Mark rating (certified).

Boosting large sizes and duplexes of up to to 5,490 sq ft, the development is targeted at expanding families and investors.

The developer is offering a guaranteed rental return package in which the developer will absorb all interest during construction (panel banks only). Upon vacant possession, Sunway will fully furnish the units and pay 7% per annum rental returns based on the purchase price for two years.

“The price is competitive compared with recent projects such as Icon Residence by Mah Sing and Verve Suites by Bukit Kiara Properties, which are selling at RM1,000 psf and RM1,250 psf respectively, added the official.

Completion is scheduled for end of 2011.