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ideation stage . We have spent months researching the needs and analysing how to create a collaborative environment for entrepreneurs . We believe Atelier + LoSo suites will respond to young entrepreneurs ’ demand for a lifestyle office which meets their urban lifestyle needs ,” Dr Dennis Ling said .
According to HCK Capital Group Berhad , Cyberjaya , has the right ingredients to become the next entrepreneurship hot spot with its high concentration of hi-tech business infrastructure , a pool of thriving young talents and close vicinity to Kuala Lumpur . Atelier + LoSo suites and retail units is anticipated to contribute to building a bustling entrepreneur and start-up community with a distinctive vibe of enthusiasm and creativity that will differentiate it from other entrepreneur hubs .
Phase one of Atelier + will see the release of 60 units of three-storey LoSo suites sitting atop 39 units of retail shops spread across two blocks , making it a low-density project . Each lifestyle suite boasts a contemporary and functional space layout designed to capture the sense of productivity and creativity .
One strong point of Atelier + is each suite will be individually owned , making it affordable for young investors and professionals to purchase their dream lifestyle office . The price for the 1,045 - 2,055 sq feet retail shops is ranging from RM 810,000 , while the Atelier + LoSo suites , spanning from 650 sq feet , is priced from RM 400,000 .
To promote a conducive environment , there will be a dedicated private elevator linked to each individual suite and one car park unit on the ground floor . Due for completion by 2023 , the commercial units will be surrounded by a wide array of lifestyle amenities and services catering to the budding entrepreneur community . Following an earlier collaboration with KFC Malaysia , the Group has recently inked a Sales & Purchase Agreement with another international quick-service restaurant chain to open a new drivethru outlet in the development .
HCK Capital Group Berhad expects the Atelier + LoSo suites to chalk up an average capital appreciation of four to five percent annually benefiting from Cyberjaya ’ s high-growth potential as a technology and research as well as education hub .
PROPERTY360DIGEST E-MAGAZINE ISSUE # 6