Kuala Lumpur: Through Macly Equity Sdn Bhd, Singapore’s Roxy-Pacific and Macly Group joined ventures in introducing an exciting perspective to KL city dwellers with the unveiling of Tower B, The Luxe by Infinitum on the 9th of June 2017.
The mixed commercial retail and residential development is located at Jalan Dewan Sultan Sulaiman, is on a freehold, 1.389 acres of land and has a gross development value of RM800 million. The tower houses 43 levels of 300 furnished units and it comes in four (4) types of floor plan.
Located right next to Quill City Mall, the newest lifestyle destination in Kuala Lumpur, The Infinitum has good access to the Medan Tuanku Monorail Station and the vibrant commercial surrounds of the area, which include Universiti Kuala Lumpur (UniKL). The property is also just minutes away from the PETRONAS Twin Towers, the Bukit Bintang shopping district and Jalan Tunku Abdul Rahman
Inspired by the trending ‘shoe-box design’ and ‘dual-key’ concept that is in demand in Singapore, Hong Kong and busy cities in the US, the mini apartment is compact compared to a typical family condo in the country of about 1,200 -1,800 square feet.
“The shoe-box apartment, also commonly known as ‘mini studio’, could be as small as, merely 500 square feet in Singapore. However, The Luxe in Malaysia is offering better space, ranging from 675 to 1180 square feet to suit the local market,” says the Managing Director of Macly Group, Herman Chang.
He said it will make living in the city more affordable and convenient for the single, ‘on-the-go’ executives, as well as couples who need to be at the centre of action – but do not require the extra space.
“Owners are able to rent out the other self-contained studio, while still enjoying the privacy of living next door. The smart design will allow owners to an investment model that will create the dual-income benefit, through only one investment (title)!”, Herman continues.
Catherine Wong, Head of Sales and Marketing, Macly Equity Sdn Bhd, clarified that they are confident of the overall quality of the development and the quantity of value added features, placing the boutique suites at a competitive price of RM1,350 per sq ft.
“While market is offering prices at RM 1,800 – 2,600 psft, we believe this is an entry-level opportunity for purchasers to own an estate within KLCC’s (KL City Centre) zonal address – without paying the prime price tag!”, she added.
With its easy ownership package and bundled furnishing of built-in kitchen cabinets, bedroom wardrobe as well as branded electrical appliances, The Luxe by Infinitum is at the heart of shopping avenues such Suria KLCC, Bukit Bintang and Jalan Tunku Abdul Rahman.
Future Projections “We are targeting a 55% take-up rate for Block B (The Luxe by Infinitum) this year, and I believe we will be able to achieve that. We are also aiming for a 70% take-up rate for the block upon its completion in 2020,” said Wong.
With great enthusiasm, Macly Group’s managing director Herman Chang was optimistic about The Infinitum, noting upon the property’s underpriced strategic locational value in the Kuala Lumpur City Centre, flexible and well planned units offering the dual key concept for greater investment returns, and from the synergy of a commercial and retail component mix, geared with excellent connectivity and accessibility all around to drive demand.
Visit the The Luxe by Infinitum sales gallery at Jalan Sultan Ismail KL ( located next to Menara SM Bank and opposite UniKL, 10 am – 6 pm daily. Tel: +603 2602 3318 or visit www.thecolonybyinfinitum.com.my/theluxe for more information.