New projects to change KK's landscape

New projects to change KK's landscape

They include The Loft apartments and Imago shopping mall, Riverson Suites and Gleneagles private hospital, and the Oceanus shopping mall and Pelagos Suites.

"In particular, Jesselton Quay by SBC Corp Bhd and Mah Sing Group's Kota Kinabalu Convention City are paving the way for the regeneration of the old Jesselton port area which will also be home to an international cruise terminal and international convention centre," says Knight Frank, a leading independent global property consultancy headquartered in London.

"Both developments are of mixed use in nature and will comprise a combination of retail, office, residential properties and hotels," it says.

"Major mixed use developments such as Aeropod Tanjung Aru (by SP Setia), Sutera Avenue and PacifiCity are continuing to progress through construction and the release of new phases are being received well by the market as evident from the favourable take-up rates," it says.

"There were not many residential launches in 2014 but there are a few that are worth eyeing," says a property observer.

Among them are the Harrington Suites, by Interland Properties Sdn Bhd, Jesselton View by Bina Puri Holdings Bhd and Sutera Avenue Residences by Mah Sing group, incidentally the same properties that Knight Frank highlighted.

Harringston Suites has 116 units in five layouts sized from 2,445 sq ft to 3,455 sq ft and are priced from RM1.8 mil to RM2.9 mil.

Jesselton View is a low-density apartment development with only 80 units housed in five-storey and 11-storey blocks. The size ranges from 809 sq ft to 2,922 sq ft and are priced from RM522,000 to RM2.08 mil.

Priced from RM605,000 onwards, Sutera Avenue Residences comprises 320 units of serviced apartments in three towers, with built-up areas ranging from 726 sq ft to 1,220 sq ft.

See the original post:
New projects to change KK's landscape