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Monday, February 18, 2008

Homing in on Hampshire Place

Tan & Tan offers attractive pricing in the much sought-after KLCC locale

In an area mushrooming with super luxury residences all breaching the RM1,000psf mark, is it possible to find something new and modern for less?

The answer is an affirmative – starting from RM860psf, in fact – if you’re searching for a condominium in the vicinity of the Kuala Lumpur City Centre (KLCC) and come to know of Hampshire Place.

Taking shape on a 1.6-acre freehold plot just off Persiaran Hampshire, along Jalan Ampang, this endeavour by Tan & Tan Developments Bhd (T&T) began offering units for RM700psf when it was first launched in mid-2007, when the rest of the market was in the RM800psf league.

Now, eight months later and with news of nearby highrises preparing to test the limits at even RM2,500psf, the developer has pegged its remaining 20 luxury tworoom units with 1,432sq ft of space at between RM860psf and RM940psf.

Hampshire Place comprises a 30-storey tower with 186 condos and a yet-to-be-launched 30-storey corporate tower.

T&T executive director Teh Boon Ghee said most of the units have been purchased by young urbanites with high earning capacities looking for inner city living, as well as empty nesters seeking to improve their quality of life.

All units will boast state-ofthe- art features, teak timber strip flooring in the bedrooms and study, built-in wardrobes, and split-unit air-conditioners.

Greenery will insulate the facilities deck, which will host swimming and wading pools, a Jacuzzi, gymnasium and multipurpose hall.

Still to come from Hampshire Place are five penthouses at the topmost floors, which Teh said would be launched next month.

These units, tagged at RM1,200psf, will have 2,519sq ft of space.

“We also plan to launch the corporate tower later this year, which will no doubt provide added value to those who have already invested in our residences.”

This commercial element will contain 219,222sq ft of space and a typical floorplate of 8,000sq ft.

It will also have retail lots on the ground floor, which the company envisages will be taken up by caf├ęs, fitness and wellness centres, and fine dining restaurants.

The project is slated for completion by September 2010.

By New Straits Times (by P. Rajan)

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