Property Hunter Magazine Property Hunter Magazine Issue 51 - February 2014 | Page 45

The Residences is Mah Sing’s first residential project in Kota Kinabalu. The development has a total of 320 units of serviced apartments in three towers, namely Tower 1 (100 units), Tower 2 120 units) and Tower 3 (100 units). “We are launching Tower 2 in the upcoming sales launch. Towers 1 and 3 have yet to be launched,” she said. The progress of KK is expected to continue with the setting up of oil & gas terminals such as the one in Kimanis, as well as visionary developments located southwards of the city in TanjungAru area. The Residences offers 1+1, 2 and 2+1 room layouts with built-up areas ranging from 726 to 1,220 sq ft. Prices of the serviced apartments start from RM605,000 onwards. It also comes with built-in wardrobe and modern cabinets. Residents can enjoy the facility floor with infinity pool, sky garden and playground with their families. The landmark development boasts an unrivalled infinity pool on the rooftop and one of the most comprehensive clubhouse facilities in town. Right beneath the residence is a mixture of retail shoplots and modern offices. Security is one of the priorities too, with 24-hour security, card access to car park, closed circuit television (CCTV) at lift lobby and card access to lifts and secured reception lobby. In addition, residents of the serviced apartments enjoy shopping for their daily needs right at their doorstop as The Residences sits atop of the two-storey festive retail mall. The mall offers a one-of-its-kind street mall retail concept with a 50-feet wide pedestrian boulevard on the ground floor, and wide frontage units served by escalator access to each floor. Ho informed that construction of the three serviced apartment towers had commenced, and development was slated to be completed in 36 months. She added that The Residences would be built in accordance with Construction Quality Assessment System (CONQUAS) Singapore standard. She also urged the public to come to the sales launch of The Residences, as well as check out the showroom at the sales gallery at the KK Times Square. Buyers who purchased The Residences during the sales launch enjoyed low down payment, waived legal fees for loan documentation and stamp duty, free one year maintenance fee and 5% plus 2% launching rebate. On the other hand, Ho said the 18 blocks of en-bloc shop offices were sold out, while 80% of the 16 blocks of twostorey retail shops had been sold. www.PropertyHunter.com.my 45