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Monday, July 9, 2012

E&O to launch Andaman second tower

Eastern and Oriental Bhd (E&O) will launch the second tower of the Andaman at Quayside Condominiums next month amid an encouraging response for the first.

Its Head of Sales and Marketing for Penang, Christina Lau said the take-up rate for the first tower, had surpassed the 70 per cent mark since it was launched in February.

"While Penangites formed the majority of buyers for the first tower, we also saw a sizeable number of foreign buyers, mainly from Singapore, Japan, Great Britian, Hong Kong, China and Indonesia," she said in a statement here today.

Lau said the pricing schedule for the second tower is being drawn up and will be fairly competitive to commensurate with the development's total product offering.

Units range from spacious 1,128 sq ft for a one-bedroom studio suite priced from RM1.416 million to the 4,755 sq ft penthouse. There are also 1+1, 2 and 3-bedroom suites at 1,188, 2,047 and 2,776 sq ft, respectively.

By Bernama

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