Property Hunter Magazine Property Hunter Magazine Issue 55 - June 2014 | Page 8

/// Feature Property Launch /// FEATURE PROPERTY LAUNCH DONGGONGON AVENUE A New Phase of A-class Exclusive Offices well as upcoming residential developments not just in Donggongon but also in the nearby vicinity all of which are within short driving distance of Penampang making this property every business owners dream and a must have on the list. Among its features includes a signature façade with spacious interior, private lift, 24-hour gated and guarded security, and a private rooftop which is one of its kind in Sabah. With only 18 units, these structures speak of exclusivity like no other. Being physically segregated from one another, these building’s capability to exude its own identity and prestige is none but enhanced. During the launching ceremony, 80% of its units have been successfully sold. During the launching ceremony, 80% of its units were successfully sold. Due to its low density and high market demand for such commercial property which is likely to be seen in Kota Kinabalu, the value of this property is expected to increase. I t was a spectacular event last Friday 25th April 2014 at the launching of Donggongon Avenue by Homesign Network Sdn Bhd (HS), the Shangri-la’s Tanjung Aru Resort. Mr. William Sampil the district officer of Penampang was the guest of honour among the distinguished guests who graced the event. HS is expected to generate approximately RM100 million in sales from this development. The 80% take up rate is an indication that the property market in Sabah still remains bullish. After the launching, the price will be increased by another 10%. In view of this overwhelming response, HS foresees an appreciation of not less than 30% when it is completed. HS would like to extend their appreciation and gratitude to Mr. William Sampil the District Office of Penampang for officiating the event and making it a successful and memorable one. Donggongon Avenue is an exclusive development by HS. In particular, it is situated in one of Penampang’s fastest growing areas. The whole development spans across approximately 3.04 acres which is the first and only of its kind in Penampang. Donggongon Avenue is a product beyond expectation which consist of 18 units of 6-story semi-detached A-class boutique offices which have a builtup of approximately 9,620 square feet. The exclusive development is an iconic landmark with one of its kind identity which is set to change the skyline of Penampang. The project is expected to be completed by the end of 2016. Donggongon Avenue is highly suitable as a business hub especially for R & D companies, oil and gas, agriculture, service and call centres due to its proximity to the city centre. It has a large population catchment area, and it’s just a 15 minute drive to Kota Kinabalu. As there are also numerous businesses in the area with many existing as 8 www.PropertyHunter.com.my www.PropertyHunter.com.my 9