Property

KUALA LUMPUR: Trinity Group has unveiled its latest flagship development, Trinity Rainfora, a distinctive transit-oriented project inspired by the rainforest, nestled in the heart of the Klang Valley. This RM388 million, 31-storey development spans a 2.4-acre freehold plot and comprises 535 residential units ranging from 739 to 1,184 square feet. Situated in Bandar Kinrara 5, Puchong, Trinity Rainfora enjoys superb connectivity, located just 400 meters from the Kinrara BK5 LRT station and offering easy access to major highways like Bukit Jalil, LDP, and KESAS, linking residents seamlessly to Kuala Lumpur and beyond. Embracing the concept of urban living amidst nature, the development is conveniently surrounded by educational institutions, shopping centers, and healthcare facilities within a 5-kilometer radius. Dato’ Neoh Soo Keat, Founder and Managing Director of Trinity Group Sdn Bhd, emphasized the project’s response to evolving consumer preferences shaped by recent global shifts: “Buyers today seek simplicity and profound wellbeing. They desire homes that serve as sanctuaries from urban demands. Understanding this, we’ve crafted living spaces that blend urban vitality with the tranquility of nature.” “As we mark our 20th anniversary, Trinity Rainfora represents our vision to redefine urban living in Malaysia. This development not only offers exceptional living spaces but also underscores our commitment to sustainability and innovation,” he added. Trinity Rainfora boasts a wealth of amenities including a Rainforest Canopy, Moonlit Skyrun Track, Glamping Forest, Infinity Pool, Aqua Gym, and more, with over 40% of the podium and 53% of the sky terrace dedicated to lush green spaces. Catering to upper-middle-class families and young professionals, Trinity Rainfora features various unit sizes conducive to multi-generational living, ensuring ample space for growth and recreation. In conjunction with its launch, Trinity Group introduces the Gold Assurance Programme, enhancing buyer confidence with extended warranties beyond industry standards:  36-Months Defects Liability Period 10-Year Warranty for Roof Leak  5-Year Warranty for Tiles Pop-Up “Our Gold Assurance Programme ensures long-term value and peace of mind, setting a new standard in quality assurance for homeowners,” concluded Dato’ Neoh. Scheduled for completion in 2028, Trinity Rainfora exemplifies Trinity Group’s evolution into an award-winning developer renowned for delivering outstanding residential properties.

SINGAPORE: Banyan Group is launching a new collection of stylish Skypark residences at its pioneering new eco-friendly residential community in Phuket, following the successful sale of the Laguna Lakeview Residences. Skypark Elara Lakelands, which is located on a site adjacent to the Lakeview Residences, with equally serene lagoon views, provides residents with beautifully designed luxury condos that add convenience and style to tropical living. Three blocks of the low-rise seven-storey Skypark Elara Lakelands, totalling around 220 units, are being released in the first phase. Skypark Residences is one of Banyan Group’s contemporary lifestyle brands which allows residents to literally “reach for the sky”, with rooftop living experiences and stunning interiors, in a range of live-in and residential properties across the world’s most premier destinations. The Skypark Residences at Laguna Lakelands represents a significant evolution of the brand, with luxurious fit outs and bigger sizes than previous developments, with units ranging from 54 sqm all the way up to 183 sqm, in one to three-bedroom configurations. Residents at Skypark Elara Lakelands will enjoy exclusive access to leisure facilities on the rooftop including the signature infinity-edge swimming pool with stunning views and an expansive outdoor terrace with a barbecue area, comfortable sitting out spaces and walking paths overlooking the forest and tranquil lagoons. With prices starting from THB 8m, the Skypark Elara Lakelands residences are expected to be swiftly snapped up by buyers from all over the world, like the previously released Laguna Lakeview Residences.   Developed by the Banyan Group, whose iconic Banyan Tree brand has become one of the most admired and successful Asian hospitality brands, Skypark Elara is located at Laguna Lakelands on the Central West coast of Phuket next to Asia’s biggest and most iconic integrated resort, Laguna Phuket, to which residents also have access.   Spanning no less than one million square metres (700 rai or 276 acres) of botanical gardens, parks, rainforest, tranquil lagoons and rolling hills, Laguna Lakelands will be Phuket’s largest private residential community, and a self-contained green sanctuary designed for a new community of global citizens seeking high quality lifestyle balanced by nature.   Designed in a neutral palate of natural woodland colours, the stylish and contemporary Skypark Elara residences are designed to evoke the feeling of being hidden away in the forest, with the interior design reflecting its lush colours and textures. The generously proportioned one, two and three bedroom open-plan configurations ranging from 54 to 183 sqm are ideal for all needs and budgets, and all feature unique foldable “work closets” which have been purpose built for today’s flexible work-from-home lifestyle. Inspired by the colours and textures of the forest, the open and spacious designs accentuate nature and blend harmoniously with the natural tropical garden surroundings. Each has a private balcony and all are set within verdant lawns and parks.   The launch of Skypark Elara Lakelands comes as the Phuket real estate market is booming, fuelled by an increasing desire for families from all over the world to enjoy a second home in Phuket, or even to relocate there.    “We decided to launch Skyark Elara Lakelands now after the strong demand we have seen for the first phase of Lakeview Residences, which has exceeded our own expectations by a long way,” said Banyan Group founder and Executive Chairman KP Ho.    “This latest addition to Laguna Lakelands brings more spacious room configurations than our previous Skypark projects and a brand new attractive design with more elevated materials, which we think will appeal to the many people now looking for a place in Phuket either as a second home or as a primary residence.” “High-quality property is still significantly cheaper in Phuket than in most of the buyer source markets like Hong Kong, Singapore or Europe, which is also an important factor,” he said.    Phuket’s strategic location within 5 or 6 hours flight of over 40% of the world’s population,  its attractive year round climate and world-class international schools and hospitals are also part of its growing attraction. Uniquely for Thailand, the developer also offers financing options which allow owners to purchase residences with staged payments over several years. 

SELAYANG: The 660 units in Block C of 168 Park Selayang comprising commercial units and designer suites are now completed and ready for vacant possession, with the first letters going out to their respective owners on Aug 30, 2024. “This is truly a major milestone for this maiden project of ours. We were taking over a project that had been abandoned. Our expertise was in construction, not in property development. We are extremely proud to say that we will meet the deadline of delivering the 660 units for Block C on time, as promised. For the affected buyers, who have waited eight to ten years for this day, the wait is finally over,” said 168 Park Selayang Sdn Bhd’s Director of Business Development Mr Lorenz Tong.    168 Park Selayang Sdn Bhd was established by the founders of Infra Segi Sdn Bhd in 2021 after the latter was the approved white knight by the High Court to revive the Selayang Star City project which had been abandoned in 2016. Under the judicial management order (JMO), Block C of 168 Park Selayang is to comprise the units for all the affected buyers of the abandoned Selayang Star City project.     “It is common practice that when a development project gets revived, buyers will be asked to top up on the original purchase price, especially if some time has passed. We decided that we would not place this heavy burden on the affected unit owners,” said Tong.     He also shared that although the JMO only required that the specifications of all affected units be built as per the old sale and purchase (S&P) agreement, 168 Park Selayang decided to showcase its sincerity and workmanship capabilities as a first-time developer by implementing some upgrades to affected units.    “In the original S&P, certain internal floor areas and the balcony were cement rendered only, which we have now upgraded to tiles. Bathroom tiles were originally up to a height of 1500mm, but we have increased it to ceiling height. Air conditioning points which were previously not available, have now also been added,” he said.    Talking about the upgrades, Tong also shared that facilities have been upgraded from 12 to 26 features and that a lift lobby for Block C is also an added feature. The entire facade, which was supposed to be the dated smooth concrete block design, has now been upgraded to spray tiles for a more modern look.    “Depending on the type of unit they originally bought in the previous development, we also provided an extra car park or a larger unit size, without requiring buyers to pay a single cent,” he said.     “I firmly believe we have undertaken every possible care and consideration for Block C unit owners, who were unfairly burdened with worry and uncertainty when the project was abandoned. We want to assure all the affected buyers that 168 Park Selayang is capable, fully committed, and sincere. We are here to do business the right way,” Tong emphasised.    “On our initiative and cost, we engaged an external team to conduct defect checking on all the Block C units that will be handed over soon. We are holding ourselves to high standards of quality delivery for all our customers.”     Block C unit owners can look forward to a smooth process when they finally get the keys to their units, Tong assured.     “This is the very first handover process for 168 Park Selayang. We are committed to making sure we do well. To ensure seamless support throughout the whole process, unit owners can contact our dedicated VP team through 012-3377969,” Tong added.     The original Selayang Star City development, sitting on seven acres of land, comprised three residential blocks with 2,269 designer suites and another block – operated as a hotel – comprising 305 serviced suites. A five-storey mall with a net lettable area of 550,000 sq ft (square feet) would be situated under the hotel block.     The redesigned 168 Park Selayang has a gross development value of RM945 million and consists of three residential towers, a four-acre facility floor on Level 9, and a two-storey community mall with a total lettable area of 235,500 sq ft.     Lush Residence, or Block A, has a total of 477 units with built-ups ranging from 560 sq ft to 1,050 sq ft and prices starting at RM294,000. Block A has achieved a 90 per cent take-up rate and targets to complete by 3Q2025.    Bole Residence, or Block B, is a 49-storey tower comprising 956 units with built-ups ranging from 674 sq ft to 1,074 sq ft and prices starting at RM397,000. Block B has achieved a 45 percent take-up rate and construction has just begun. Bole Residence is the tallest building in Bandar Selayang, Selangor and is targeted for handover by 2Q2026.    Tong shared that the mall, which includes 850 parking spaces has a net lettable area of 235,000 square feet, which is significantly less than the 550,000 sq ft in the original Selayang Star City development. The opening date of the mall is targeted for 11th November 2024.    168 Park Selayang is easily accessible via Jalan Ipoh, Jalan Kuching, Middle Ring Road 2, DUKE, and Kepong-Selayang highway. 

SINGAPORE: Christie’s International Real Estate, a global leader in luxury real estate, has officially launched in Singapore, marking a significant milestone in its Southeast Asia expansion strategy. Operating from a newly refurbished historic shophouse on China Street in Singapore’s Central Business District (CBD), Christie’s International Real Estate Singapore will specialise in residential brokerage services with a focus on Singapore’s well-established luxury real estate market. It will also assist Singapore-based capital, both individual and institutional, with investing in real estate opportunities around the world through the brand’s extensive global network. The firm is led by Singapore-based Harmeet Singh Bedi & Dipika Bedi, and Himmat & Rohini Singh, longtime owners of Christie’s International Real Estate’s affiliate in India. The team brings a wealth of experience to this new venture. Himmat and Rohini Singh each have over 25 years of experience in luxury real estate, while Harmeet Singh Bedi has more than 30 years of banking and real estate investment management expertise, including a decade in C-suite roles, most recently as CEO of Singapore-based Prime US REIT Management Pte. Ltd. Dipika Bedi complements the team with over 20 years of experience in advertising, marketing, art sales, and event management. The business partners will re-introduce Christie’s International Real Estate under new ownership and management to the Singapore market, where luxury real estate has experienced over a decade of continuous growth. Singapore’s high standard of living, stable political environment, robust economy, and favourable tax policies continue to attract a steady stream of buyers and investors, reinforcing the strong long-term growth fundamentals of the luxury real estate market.  For instance, single-family homes, especially the highly coveted Good Class Bungalows (GCBs) which typically feature land sizes exceeding 15,000 square feet, are valued between S$35 million and S$65 million, which is reflective of Singapore’s reputation as one of the most prestigious real estate markets in the world. Notable developments further solidify Singapore’s position as a prime destination for luxury real estate. The exclusive 32 Gilstead in District 11, which has seen units sell for S$14 million each, and the recent en bloc sale of Kew Lodge on Kheam Hock Road for S$66.8 million, further emphasise the escalating value of prime land in this highly desirable district. Additionally, the redevelopment of 19 Nassim by Keppel Land in the prestigious Nassim neighbourhood underscores the sustained demand for luxury properties in Singapore’s most sought-after areas. Upcoming launches in Marina Bay and River Valley highlight the ongoing vibrancy and allure of Singapore’s high-end real estate market, reinforcing its status as a premier destination for luxury investments. “Singapore is a tight-knit, highly capitalised, and brand-conscious luxury real estate market, with buyers and sellers who expect the highest level of service—exactly what Christie’s International Real Estate provides,” said Harmeet Singh Bedi, Managing Director, Christie’s International Real Estate Singapore. “We are confident that discerning clientele from Singapore and the region will appreciate the brand’s tailored service and international network.” “The current dynamism and potential in Singapore’s luxury residential real estate market, combined with the increasing need for global investment opportunities from both individual and institutional capital based in Singapore, makes this the perfect time to reintroduce the Christie’s International Real Estate brand here,” adds Himmat Singh, joint Managing Director, Christie’s International Real Estate Singapore. “Rohini and I are excited to expand our long-standing partnership with Christie’s International Real Estate. With the brand’s world-class marketing, unmatched international network, and commitment to premier service, we’re bringing the most recognised and trusted name in luxury real estate to one of the most sophisticated real estate markets in the world” Christie’s International Real Estate Singapore will offer national and international exposure for listings through the Christie’s International Real Estate network, which has brokerages in nearly 50 countries and territories. Clients will also gain access to exclusive marketing partnerships and a relationship with the iconic Christie’s auction house for the sale of fine art and luxury goods, including wine and watches. Christie’s International Real Estate maintains a close relationship with Christie’s auction house, enabling clients on both sides to leverage the unique synergies between the worlds of high-end real estate, art, and luxury items. “As we expand our presence in Southeast Asia, we see great potential for the Christie’s International Real Estate brand in Singapore, especially with Harmeet and Himmat at the helm”, said Helena Moyas de Forton, Managing Director, Head of EMEA and APAC at Christie’s International Real Estate. “Their extensive industry experience, unrivalled knowledge of Singapore’s real estate market, and commitment to bespoke, first-class service will make Christie’s International Real Estate Singapore the firm of choice for Singapore’s luxury real estate clientele.” Christie’s International Real Estate has affiliates throughout Asia, including in Dubai, India, Taiwan, Vietnam, and Japan.