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PETALING JAYA: S P Setia Bhd’s first foray into Bukit Tinggi, Klang has been well-received. The first tower of serviced apartments at its integrated development Trio by Setia has achieved 60% take-up over its weekend launch on April 8.
The 46-storey Tower A comprises 426 units of serviced apartments with built-ups ranging from 656 sq ft to 1,216 sq ft. Prices start from RM412,000.
“I am very pleased with the take-up rate. The response from property buyers is better than expected.
“Our target was to sell most of the first tower within this year while the second tower launch is planned for 2018,” S P Setia divisional general manager for niche developments Paul Soh Hee Pin told TheEdgeProperty.com.
Located on a 5.49-acre freehold site facing the main artery road of Jalan Langat, which runs through Klang town to Bukit Tinggi, Trio has a gross development value of RM517 million.
Targeting first-time homebuyers and young adults seeking an integrated lifestyle within the Klang vicinity, Trio houses 914 units of serviced apartments across three towers as well as 42 units of three-storey retail units.
Facilities include a wading pool, sunken deck, viewing deck, yoga deck, gymnasium, playground and multipurpose hall.
Trio by Setia is a participating project for S P Setia’s 10:90 scheme whereby purchasers pay only 10% upon signing the Sale and Purchase Agreement and pay the balance 90% after the completion of the property.
Construction for Trio will commence in 2Q2017 with targeted delivery by 4Q2021.
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