• The luxury residences, a joint venture between Eastern & Oriental Bhd and Japanese property developer Mitsui Fudosan, will see the launch of 297 residential units first.

KUALA LUMPUR (Dec 6): Eastern & Oriental Bhd (E&O) and Mitsui Fudosan (Asia) Malaysia today celebrated the topping out of The Conlay, a luxury high-rise residence with an estimated gross development value (GDV) of RM900 million. The Conlay is expected to be completed as scheduled on the first quarter of 2025.

The Conlay has seen from foreign buyers as an investment product, with more than 70% of units having been taken up.

The Conlay has a total of 491 units which range from 743 to 1,335 sq ft, with five different unit layouts available. The project is divided into two segments, with 297 residential units, and the remaining 194 units for service residences.

The 297 residential units will be launched first, while the 194 units set aside to be service residences will be launched at an undisclosed date, as they are still in the planning stage.

“The service residences will be distinguished from the other residential units as they will be considered branded residences,” said E&O Group managing director Kok Tuck Cheong at the event.

“We will be giving them a ‘lift’ in terms of the brand presence, and concierge services. This is to give the dwellers of the service residences a stronger, all-rounded feel of our hospitality,” Kok added.

Kok also highlighted two key aspects of The Conlay which are its location and architectural design.

“I like to use the term ‘superb, curated, craftsmanship,’ in which we have certainly taken great pride and attention to detail. By drawing on E&O’s expertise in luxury and hospitality, as well as Kerry Hill Architect's iconic design philosophy, The Conlay highlights the strength of our collaboration, and our shared vision of creating iconic spaces for discerning residents,” he said.

The Conlay also embodies E&O’s “15-minute city concept”, and is located within walking distance of the Conlay MRT station, Prince Court Medical Centre, as well as the familiar landmarks of Kuala Lumpur City Centre and Bukit Bintang, explained Kok.

Residents will also not have to travel far for commercial offerings as The Conlay will feature a 16,000 sq ft dedicated commercial space at level 50 of the building. This is in addition to a variety of lifestyle amenities that will be available to residents on levels 11 and 36, which includes two heated swimming pools, a billiard room, and a multipurpose lounge.

During a welcome address at the event, Mitsui Fudosan (Asia) Malaysia managing director Masayoshi Saito expressed excitement and gratitude for the longstanding partnership with E&O.

“Our partnership with E&O began in 2013, when E&O presented Mitsui with an opportunity to embark on a joint venture for The Mews and Damansara Peak. I believe that The Conlay will be a new landmark in Kuala Lumpur city centre, together with E&O offering an exceptional urban living and contributing to the city’s future growth and vibrancy,” said Saito.

“Earlier this year, we created a new long-term vision, with an investment framework worth around RM60 billion. Since 2016, we have invested in nine projects so far, and Mitsui remains committed to strengthening our strategic partnerships, and expanding our presence in Malaysia. We hope to continue contributing to the growth of this vibrant country and further developing the diverse assets we have here,” added Saito.

The Conlay has also been awarded with a provisional GreenRE Gold certification for its multiple sustainability features, which includes WEPLS (Water Efficiency Product Labelling Scheme) certified fittings and a rainwater harvesting system for landscape irrigation to reduce water consumption, as well as utilising green cement and low-VOC (Volatile Organic Compound) paints and adhesives, to minimise greenhouse gas emissions and ensures better indoor air quality.

The development will also feature a centralised recycling system to encourage residents to a culture of sustainable living.

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