The Star, June 24, 2010
BOLTON Berhad is targeting investors from China to take up the remaining units of the RM190mil Surin condominium project in Tanjung Bungah, Penang.
Group executive director Chan Wing Kwong(pic)said that the group had appointed marketing agents in Shenzhen, China, to promote the condominiums.
“So far, we have sold about 30% of the 190 units of the 28-storey Surin Tower A condominiums to buyers from Singapore and Japan.
“This augurs well for Surin because it ensures that the development appreciates in value over time to benefit the purchasers and investors,” he said, adding that there were now about 90 units of Tower A left.
The selling price of the Surin condominiums, with built-up areas ranging between 1,307sq ft and 2,827sq ft are from RM415,000 to RM1.3mil.
“When we took over the present 3.4 acre site to develop the Surin project, there was nothing but a bare piece of land.
“Today, the construction progress of the two towers is coming up nicely.”
The construction work of Tower B has reached the ninth level while for Tower A, we are about to complete piling works.
“We are working on a tight schedule now to ensure that our delivery will meet the completion deadline in 2012,” he said at the launch of the Surin Tower A project last Saturday.
Chan said the group had sold out all the units in Tower B, comprising 206 units, since the launch of the Surin project two years ago.
“Our philosophy is to develop innovative products that reflect the latest trends in qua-lity living, which includes providing affordable and high-quality living spaces.
“Our sales numbers are a testament to the success we have achieved in promoting the Surin project,” he added.
Heaquartered in Kuala Lumpur, Bolton Group will soon launch the Condo 3, Six Ceylon, and 51 Gurney projects in Kuala Lumpur before the year ends.
Condo 3, located in the prime residential district of Kenny Hills, comprising 100 units of condominiums, each with built-up areas ranging from 850sq ft to 2,400sq ft is targeted at the young professional executive market.
Six Ceylon is a condominium project in Ceylon Hill, with easy access to the Bukit Bintang Golden Triangle, where the trendy lifestyles shops and venues are located.
The 51 Gurney, located in Pesiaran Gurney Kuala Lumpur, has 71 residential units, comprising penthouses, duplexes and standard units ranging from 3,000sq ft to 5,700sq ft.
It also features a recreational area with luxurious facilities such as a resident’s clubhouse, linear gym, pavilions, sauna, steam room and an edgeless swimming pool on a rooftop, complemented with a panoramic view of the glittering city.
“We have received positive response since opening the projects for registration early this year,” Chan said.