THE Low Yat group yesterday officially launched the last of its freehold residential condominium blocks for sale.
According to group executive director Low Su Ming, the first block of Rivercity Condominiums, launched in July 2004, has been completely sold out while 70% of the second block, launched in November 2004, has been sold so far.
Sem Siong Industries, a subsidiary of the Low Yat group of companies, is the developer of the Rivercity project.
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Low Su Ming with the model of Rivercity Condominiums. |
The developers said in a statement its billion-ringgit integrated commercial Rivercity development was in line with the call by Datuk Bandar of Kuala Lumpur to promote city living with its conveniences and advantages, and to enliven KL city by day as well as night.
The final block will have unobstructed view of Kenny Hills and Genting Highlands, and are priced from RM220 psf or RM251,000 onwards.
Built-up area is from 1,135 sq ft to a maximum of 1,650. The multi-integrated development will include three residential tower condominiums, a commercial complex comprising shopping mall, office blocks and hotel-cum-serviced apartments.
Rivercity Condominiums is the only plot of freehold residential land within the RM1bil development.
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