KUALA LUMPUR: Sunway Integrated Properties reported an overwhelming response to the soft launch of Phase 2 of its Sunway Geo development last week, recording a take-up rate of 70%.
Phase 2 which makes up a gross development value (GDV) of RM452mil of the RM1.5bil total GDV, comprising almost six acres of the entire 23.4 acre Sunway Geo integrated development, consists of 46 units of retail shops and 228 flexi suites.
The enthusiastic response follows the successful launch last year of Phase 1, now fully sold. The entire Sunway Geo development consists of shops, flexi suites, urban suites and residences.
Sarena Cheah, joint managing director of the property development division, Sunway Berhad, said the seamless connectivity to Sunway Resort City (SRC) was one of the reasons for its success.
Sarena Cheah, joint managing director of the property development division, Sunway Berhad, said the seamless connectivity to Sunway Resort City (SRC) was one of the reasons for its success.
“Sunway Geo is well-positioned along the education and healthcare precincts while being seamlessly connected through the other five components of the SRC, namely retail, residences, offices, hospitality and leisure through canopied walkways and the elevated Bus Rapid Transit-Sunway Line.
The development also enjoys great accessibility to and from the rest of Klang Valley by a comprehensive network of road and rail. Also the ready catchment of 500,000 population within Bandar Sunway and Subang Jaya including 50,000 students coupled with the 40 million visitations per annum attests to the success of the development,” she said.
The BRT-Sunway Line, lauded for its potential to transform the landscape of the SRC and boost of property values in the area, will have a stop right in front of the development. The BRT Sunway Line connects SRC to the Setia Jaya KTM Komuter station and the upcoming light rail transit (LRT) station at USJ, Subang Jay
(The Star, 9 July 2013)
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