KUALA LUMPUR: M+S Pte Ltd expects to launch the sale of DUO Residences, which is part of a multi-billion integrated project in Singapore's Rochor-Bugis area, in the middle of the month.
The company, a joint venture between Khazanah Nasional Bhd and Temasek Holdings Pte Ltd, is awaiting internal approval for the sale.
"We have not obtained our internal approval yet, so I can't pinpoint the date now. But we expect to launch it by mid-November," said its chief operating officer Kemmy Tan after a media preview of the DUO project by UEM Sunrise Bhd, here, yesterday.
DUO Residences is a 49-storey residential tower comprising 660 studio units, 1-to-4-bedroom apartments and penthouses that sell for between RM2.5 million and RM11 million each. It stands alongside a 39-storey commercial tower.
Tan said residents will enjoy exclusive entrances and secure private lift lobbies, together with four landscaped decks featuring a 50m lap pool, wellness facilities and recreational lounges.
"Our integrated concept, with a comprehensive offering of a five-star hotel, grade A office space and quality retail shops served by two MRT (mass rapid transit) lines, provides DUO residents and occupants a lifestyle of connectivity and convenience," Tan said.
DUO Residences will be featured in two sales galleries, here and in Singapore. In Malaysia, it is marketed by CB Richards Ellis (Malaysia) Sdn Bhd and CBD Properties Sdn Bhd.
M+S is 60 per cent owned by Khazanah and 40 per cent by Temasek.
UEM Sunrise and CapitaLand Ltd are the project managers, overseeing DUO marketing and development.
- BUSINESS TIMES