Press Release by Sunway Property
SUNWAY GEOLAKE RESIDENCES 65% BOOKED AT EXCLUSIVE PREVIEW
Sunway City, 5 July 2018 – The exclusive preview for Sunway Property’s latest masterpiece, Sunway GEOLake Residences achieved overwhelming response with 65% bookings and 90% of the registrants signing the sales and purchase agreement on the same day.
Held at the Property Sales Gallery in Menara Sunway, the by invitation-only event was well-attended by Sunway PALS members and priority registrants.
Sunway GEOLake Residences is a low-density residential development, and the final gem in the RM2billion Gross Development Value (GDV) Sunway GEO series located in Sunway South Quay – a 178 acres of international neighbourhood comprising a variety of residential and commercial components.
Sunway GEOLake’s recent success follows the track-record set by the previously launched developments within the Sunway GEO Series including Sunway GEO Tower (fully-tenanted), Sunway GEO Residences (100% sold), Sunway GEO Residences 2 (100% sold), Sunway GEO Retail Shops (99% sold), and Sunway GEO Flexi Suites (99% sold).
Overlooking the azure 28 acres of Sunway South Quay Lake, the development is landscaped by the award-winning landscape architect Seksan Design and features the first urban farming community garden and longest maze garden in a residential development.
With an approximate GDV of RM650 million, Sunway GEOLake Residences comprises 420 units of condominium and 44 townhouses spreading across 6.49 acres of land located in Sunway City. The sizes of the condominium units range from 883 sq. ft to 1,776 sq. ft. with price per sq ft averaging at RM900 sq. ft. The condominium units are housed within a single 44 storey tower block in the low density development of 70 units per acre.
Sunway GEOLake Residences also includes have senior and disabled-friendly access within the units’ layout, facilities and common areas. The doors in the units are designed to be wider with ample space in the rooms while the common areas have ramps that allow for better accessibility and mobility.
Mr. Chong Sau Min, Executive Director, Property Development Division, Central Region, Sunway Berhad, attributed Sunway GEOLake Residences’ favourable start to a combination of factors.
“We are pleased with the positive feedback received from the buyers who are supportive of the integrated concept of the development. With its strategic location, the Sunway GEO series adds value for buyers through its proximity to Sunway City which has unparalleled amenities such as healthcare and education services; which paired which with extensive landscaping, consistent with our commitment to green living in a safe environment within the development itself.”
“We are humbled and thankful for the support and confidence from our buyers in our delivery of the past Sunway GEOLake series. We look forward to welcome more interests once the final phase of Sunway GEOLake Residences is officially launched to the public,” he added.
Sunway GEOLake Residences is directly connected to the best of Sunway City through an elevated canopy walkway. The development is located right opposite the award-winning Sunway Medical Centre, close to Sunway University and Monash University, and a short stroll to Sunway Pyramid Mall. Homeowners will also be directly connected to the elevated Bus Rapid Transit station via Sunway GEO Avenue which joins to the LRT and KTM stations.
Sunway City’s free shuttle bus service provides the community absolute convenience within Sunway City, a safe city with 24 hours CCTV surveillance supported by security personnel including auxiliary police. Residents of Sunway GEOLake Residences will also be able to access free unlimited wi-fi provided by the developer in Sunway City.
Purchasers of Sunway GEOLake are eligible for the “Make it Possible” campaign which offers rewards up to RM150,000 ranging from smart investment plans, fully-furnished home packages, attractive incentives, and guaranteed loans which will vary depending on projects.
Sunway Property is set to launch RM2 billion GDV worth of properties this year, and is on track in meeting sales target of RM1.3 billion.
For more information, please log on to http://www.sunwaygeolake.com
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