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Tuesday, May 26, 2009

The Trillium phase 1 shop offices all sold

SYARIKAT Pembenaan Yeoh Tiong Lay Sdn Bhd (SPYTL) saw all 60 units of three-storey shop offices in phase one of its The Trillium project sold within one week of its official launch, generating a total gross development value of RM60 million.

Due to the unexpected strong demand, the second phase of The Trillium, offering 40 units of three-storey shop offices comprising 40 units, will be open for sale from RM1.14 million onwards.

SPYTL general manager of property department Edward Lee said the sell-out of The Trillium has proven that a quality product with the right location can weather any cycle of the market.

"This is coupled with our strong track record of delivering high capital appreciation on all our properties, in turn maximising value for us, our purchasers and our investors," he said in a statement issued last Friday.

The Trillium is located in Sungei Besi, Kuala Lumpur. Featuring shop offices with built-up that starts from 4,805 sq ft, it is scheduled for completion by the first quarter of 2010.

Besides The Trillium, SPYTL had earlier launched Midfields, a 9.315hamixed development project offering prime stylishly designed condominium units, retail lots and offices that is also located in Sungei Besi.

The launch of Phase One of the Midfields condominiums in 2008 was an overnight success where 300 units were sold out in the first weekend of its debut.

By Business Times

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