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Friday, March 9, 2012

Developer’s latest property overlooks city skyline

Proud: Teh with the scale model of G Residence during the media event.

G RESIDENCE is one of Tan and Tan Devlopments Berhad’s latest properties in the heart of metropolitan Kuala Lumpur.

Designed to complement contemporary lifestyles, this property is developed by Opt Ventures Sdn Bhd, a joint venture company between Tan and Tan (an IGB company) and Sin Heap Lee Sdn Bhd.

Positioned as leasehold on commercial title, this two-tower, 23-storey residential apartments is strategically located along Jalan Desa Pandan on a 1.46ha site with the prime units overlooking the city’s skyline.

IGB head of property development, Teh Boon Ghee said G Residence overlooks Lingkungan U-Thant, backs the Polo Club and neighbours the Royal Selangor Golf Club.

“G Residence is affordably priced at an average of RM650 per sq ft with an expected maintenance fee of 30sen per sq ft, which includes the sinking fund. The prices range between RM610,000 to RM1mil per unit.

“It is surrounded by a mature township of shopoffi ces and apartments. So far, 80% of G Residence have been sold out since the property was officially opened for sales on Dec 8 last year,” said Teh, who is the executive director for IGB. He added that those who wish to buy G Residence units for investment can expect a rental yield of about 5.5%.

The apartments consist of three specifi cations, namely Types A, B and C, with Type C being the largest at 1,545sq ft followed by Type A 1,400sq ft and Type B 1087sq ft.

Type B would be an ideal choice for singles, who intend to start living on their own, while Types A and C would fit families with school-going children.

Every unit offers breathtaking views and high ceilings, which offers a spacious outlook.

Spacious: Showroom featuring a living room in a Type A unit of G Residence located at Jalan Desa Pandan, Kuala Lumpur.

This is further enhanced with a non-column layout.

One need not incur additional costs for an expensive kitchen cabinet as each unit comes with a built-in kitchen and Electrolux cooker hob and hood.

If you love entertaining friends with your culinary expertise, you can opt for Types A and C units as it is equipped with a dry and wet kitchen for your convenience.

Meanwhile, the master bedrooms have an attached bathroom fully equipped with modern fixtures.

G Residence is equipped with facilities such as a multi-purpose hall, a 2,300sq ft gym with skylight, 30m swimming pool, wading pool, playground and a common garden.

With 26 commercial units available at the ground and fi rst fl oor, residents can expect life at G Residence to be lively. To cater to this concept, the developer has ensured that ample carpark space will be provided for retail alone. The carpark entrance to retail outlets will be separate to ensure better security.

The commercial units and apartments are only accessible via an access card. The property is scheduled to be completed in February 2015.

Established in 1971, Tan & Tan Developments Berhad is one of Malaysia’s most innovative and visionary developer.

The company has been the recipient of The Edge’s Top Property Developers Award for eight consecutive years and has been awarded the prestigious FIABCI Award of Distinction for Residential Development in 2002.

In 2002, Tan & Tan and IGB Corporation Berhad merged, making Tan & Tan a wholly owned subsidiary of IGB, which is listed on the main board of Bursa Malaysia.

The company is famous for high-end condominium living with its Hampshire Place, Cendana and U-Thant Residence. Its success story continues with the joint development of Sierramas, an exclusive guarded residential estate with KL-Kepong Property Holdings Sdn Bhd. Tan & Tan is now redefining luxury with its newly unveiled Garden Manor.

By The Star

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