A good look at prime property

Visitors taking a closer look at the SP Setia 'V Residences' project model.

SP Setia Bhd Group’s annual ‘Setia 4U Showcase’ is back at Gurney Plaza, Penang.

The four-day exhibition, at the mall’s atrium, opened yesterday and will be on from 10am to 10pm daily until Sunday.

Visitors and investors flocked to the expo to find out more about the developer’s prime projects in the northern, central and southern regions of the country, as well as those in Singapore, United Kingdom and Australia.

SP Setia North general manager Khoo Teck Chong said the property featured at the roadshow focused on the developer’s top Penang projects, including the luxurious V Residences condominiums on Gurney Drive and Sky Vista in Relau.

He said SP Setia roadshows offered the best deals and easy ownership packages for its projects.

He said more than 50% of the V Residences Tower A units had been sold while Tower B would be launched soon.

“Tower B comprises units measuring between 1,300 and 1,800 sq ft. They have both city and shoreline view options.

“At less than RM2mil (per unit), the units are for those who want to live on Gurney Drive but do not require a big space,” Khoo said at the opening of the showcase.

He said the project, to be completed by 2016, had attracted both local and foreign purchasers.

Sky Vista, a mid-range condominium, with units priced between RM500 and RM600 per sq ft, comprises two blocks totalling 426 units and separated by a sky bridge.

“There are 10 units per floor with a built-up area of between 900 and 1,500 sq ft. Sky Vista are premium homes sold at mid-range prices.

“We took into account that when people move in, they will want things like air conditioning and water heaters already in place so that there’s no need to re-do the piping layout,” Khoo said.

Slated for launching in October and November respectively, V Residences’ Tower B and Sky Vista are both open for registration and will be ready in three years. Both are freehold projects.

The roadshow will move to Johor next where it will be held on July 5 to 7 and after that to the Klang Valley (Aug 16-17). - The Star