Market is soft? I guess there are always some exceptional cases. Especially for those come with “Double Happiness” or “Gandaria” perhaps.
I still remember that my first visit to the Sunway Gandaria Bangi Media Sneak Preview was dated back early of December 2015 and today Feb 2016, 32 out of total 34 units of Sunway Gandaria’s retail already had been snapped up! As I had mentioned earlier, the commercial market at this Bandar Baru Bangi is kind of strong and in constant healthy demand. It really does not surprised me if the retail of Sunway Gandaria Bangi will be moving at such a rate of a flying torpedo; being located at super prime location of the Bandar Baru Bangi . This area is really very hot. How hot? It is as hot as the Victoria’s Secret Angel – Adriana Lima
Well it is still early to say that this Sunway Gandaria Bangi is heading up in the right direction despite facing the current market resistance. Nevertheless swimming up against the current market stream would not be easy for the year of 2016. I wish this Double Happiness or Gandaria word of charm will really bring luck to them for Sunway Property and also the purchasers. For any property, nice name which bring luck is a good thing to begin with at least.
Below is the Media Release :
February 12, 2016 – Master Community Developer, Sunway Property, clinched 95% sales at its debut launch of Sunway Gandaria Bangi’s Retail, which is part of its newest mixed development in the Knowledge City of Bangi.
Sunway Gandaria Bangi Retail comprises 34 retail units, which ranges from 983 sq ft to 6,071 sq ft, with a new retail concept within the township. Since its preview in mid-December 2015 a total of 32 units have been snapped up. The retail units start from RM 832,000.
Ang Kee Ping, Executive Director, Property Development Division, Central Region, Sunway Berhad, attributed the success of the retail units to the strategic location and its value for investment, “Strategically located in Pusat Bandar Baru Bangi, Sunway Gandaria Bangi’s retail units are expected to benefit from the catchment of 1,000 residents within the development itself as well as more than 500,000 catchment from the surrounding areas of Bangi, Kajang and Nilai which includes students, residents, as well as employees of multinational corporations. We are encouraged by the successful launch which will indicate a well take up rate for the upcoming launches of the residential component.”
Sunway Gandaria Bangi Retail is the RM54 million GDV retail component of the mixed development dubbed the “Peak of Bangi,” which is located in the heart of Pusat Bandar Baru Bangi. The entire development has a gross development value (GDV) of RM228 million and expected to be completed by 2020.
Spread across two-acre, the development comprise the most popularly priced developments within Sunway Property. Its residential units indicated price from RM500,000 and are housed within a majestic 38-storey tower, which stands as the tallest landmark within the vicinity. The first launch for the residences is slated in April.
Residents and business owners within the iconic tower have a spectacular and unobstructed view of the serene Cempaka Lake Garden – replete with jogging tracks, children’s playgrounds, stretching and exercise spots, reflexology tracks, a football field and picnic gazebos, which is a 10-minute minutes walk away. The development also overlooks the lush greens of the Bangi golf course.
Sunway Gandaria Bangi Residences provides modern lifestyle living, consists of 259 units of serviced apartments ranging from 949 sq ft to 1,405 sq ft comprises of 3 to 4 bedrooms suitable for families. The serviced apartments will include facilities such as a generous 50-metre Olympic size swimming pool, a sky garden, complete with a nearby gym that overlooks the pool as well as a recreational pavilion in addition to the convenience provided by the retail portion of the development. Residents will be protected with round-the-clock three-tier security system. There will be 58 dual key units, which enables the flexibility of multi-generational living for home buyers or multiple tenancy options for investors.
The area will have easy access to more than 20 schools and universities, financial institutions, shops and other essential amenities. Schools nearby include SR Sri Al-Amin, Rafflesia International and Private Schools and Tanarata International School. Institutions of higher learning nearby include Infrastructure University Kuala Lumpur (IUKL), Universiti Tenaga Nasional (UNITEN), Universiti Putra Malaysia (UPM), Universiti Kebangsaan Malaysia Bangi (UKM), German-Malaysian Institute (GMI).
There are also several shopping malls surrounding the development, namely Giant, Bangi Gateway, Tesco and IOI City Mall; and hospitals such as Hospital Serdang, KPJ Kajang Specialist Hospital, Hospital Pusrawi SMC and Hospital Kajang.
For leisure activities, besides the Cempaka Lake Gardens and the Bangi Golf Course, residents and business owners can enjoy the golf clubs and parks such as Danau Golf Club, Kajang Hills Golf Club as well as the upcoming Bangi Wonderland Theme Park.
In terms of accessibility, the development can be accessed via eight major highways, from North-South Highway by exiting the Kajang or Putra Bangi interchanges, or via the Silk Highway at Kajang interchange via Jalan Reko, NKVE, SKVE, LEKAS, ELITE, Cheras-Kajang Expressway as well as Sistem Lingkaran-Lebuhraya Kajang. The development is also expected to benefit from its proximity to the MRT Line 1 Kajang station to be operational by 2017, the proposed MRT Line 2 Putrajaya station and the proposed Putrajaya – Kajang BRT line.