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Friday, August 7, 2009

YTL Land package to help spur sales of Centrio

KUALA LUMPUR: YTL Land & Development Bhd hopes to sell the remaining units of its latest property development, Centrio, when a new financial package is offered from this weekend.

The package is launched in conjunction with the opening of small office/home office (SOHO) show units to the public.

Sales and marketing senior manager Jessica Loo said the financial package, which would be available for two weeks, would give up to RM150,000 rebates to purchasers of the available units at Centrio.

“About 75% of the units at Centrio have been taken up. We hope this special package will help boost sales for the remaining units,” she said at a media briefing yesterday.

The Centrio project that started in December 2006 comprises 306 units of SOHOs, office suites, boutique garden offices and retail stores on 3.8 acres in Bukit Kerinchi.

It is YTL Land’s latest development on the 90 acres it owns in Bukit Kerinchi after launching Pantai Hillpark and Andalucia residential units.

With a gross development value of RM100mil, Centrio is being developed by YTL Land unit Syarikat Kemajuan Perumahan Negara Sdn Bhd.

“We do have plans to launch another new development in this area, maybe next year, to build semi-detached and bungalow units,” Loo said, adding that Centrio was expected to be completed in the first quarter next year.

She said there were eight designs for the SOHO units that ranged from 623 to 1,536 sq ft and priced between RM550 and RM600 per sq ft.

The office units are priced from RM450 to RM550 per sq ft.

As for retail stores, Loo said all the units were only for rental because YTL Land wanted better control over the tenants.

Located on the immediate south of Bangsar, Centrio is accessible through the Federal Highway, Sprint Duta-Kerinchi Link and New Pantai Expressway.

By The Star

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