Ho Hup Construction Company Bhd says its Aurora development in Bukit Jalil, an integrated smart office, versatile office (Sovo) project, is set to be the embodiment of today’s multi-functional offices.
“It is probably the only project in the Bukit Jalil township that offers entrepreneurs and investors an integrated work and play concept, all in one,” said Derek Wong Kit Leong, executive director of Ho Hup.
“Aurora Sovo sits on top of Aurora Place, a hybrid mall comprising retail and commercial development, now under construction. The hybrid mall was launched end of last year and is 97% sold. The strong uptake of Aurora Place was an indicator that there is still substantial demand for this category of property in Bukit Jalil.
“After the launch of Aurora Place, we called for registration from interested potential buyers. The response was overwhelming and reaffirms our assessment that demand is still strong. Thus we decided to launch Aurora Sovo, which is to be built atop Aurora Place.”
Sales of the 209 units will be launched on Monday.
“When we went to the concept board to design the Sovo we considered the needs of entrepreneurs, young urban professional as well as independent businesses. We wanted our offer to be an office and at the same time a place for relaxation that compliments the modern and revolutionary lifestyle. That is reason for building the 18-storey tower on top of the hybrid mall,” Ho said.
The project also takes into consideration factors such as affordability and right-sizing to meet current business and professional needs. The Sovo units range from 601 sq ft to 1,305 sq ft, and they are priced from RM682 to RM738 per sq ft. Total gross development value of the project is RM110mil.
Construction of the 18-storey Sovo tower is expected to be completed in October 2017 or 48 months from the date of the sales and purchase agreement.
Wong said Ho Hup believes Aurora SOVO will be sought after by investors as it is strategically located in the fast growing township of Bukit Jalil. It should be noted that under the Kuala Lumpur Masterplan (2020), which was formulated in 2002, Bukit Jalil was designated as an “international zone” with a view to encourage both foreign and local investments into the area.
Today, Bukit Jalil can lay claim to being the home of several major projects such as the Technology Park Malaysia, the Bukit Jalil Golf and Country Club, the International Medical University, Astro Bhd, the National Sports Council, the Asian Football Confederation Headquarters and the Bukit Jalil Sports School.
More significantly, Aurora Sovo will be supported by a major commercial development on the adjacent 50-acres that would be jointly developed by Ho Hup and Malton Bhd over the next 10 years.
The project is also located within close proximity to the extended LRT line from Bukit Jalil to Kelana Jaya and would eventually be linked by five major expressways: Kesas, Bukit Jalil Highway, Maju Expressway, North-South Highway, Damansara-Puchong Expressway to Kuala Lumpur, Petaling Jaya, Puchong, Subang Jaya, and the KLIA.
In conjunction with the launch on Monday, Ho Hup has put together a sales package that offers a special “early bird” surprise, developer interest subsidy scheme, an interior design renovation package, and waivers on the legal fees for sale and purchase agreements and loan agreement.
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