KUALA LUMPUR: Sunway Property Bhd’s development, Sunway Onsen Suites has achieved a take-up rate of 90% for its first tower comprising of 252 units of serviced suites located at Sunway City Ipoh in Tambun.
The property developer in a statement yesterday said the entire development consists of four tower blocks with a gross development value (GDV) of more than RM500mil.
“The development’s serviced suites come in four variations with studio, two-bedroom and three-bedroom versions ranging from 592 sq ft to 1,184 sq ft as well as six units of luxurious Onsen Villas starting at 2,712 sq ft, ” it added.
This development is Asia’s first serviced suites that integrate natural hot springs within the development.
The group also noted that the showhouse will be re-opened for public visitations once the movement control order (MCO) is lifted with viewing by appointments only.
Sunway Onsen Suites bagged the Best Holiday Home and the Northern Star awards during the recent StarProperty Awards 2020 which aptly translate its resort-like concept as an ideal vacation home. Sunway Onsen Suites was also awarded Best Showhouse Design at the Designer of the Year 2020 award.
Meanwhile, Sunway City Ipoh executive director Wong Wan Wooi said the success of this development is attribute to the unique features it provides such as green surroundings, and its strategic location within Sunway City Ipoh with a GDV of RM2bil. “Our investors are attracted to the rental yield and potential capital appreciation that is inherent in a unique resort-like development within Ipoh which is garnering rising international acclaim both as a tourism township as well as a retirement destination, ” he said.
Moving forward, Wong said Sunway Onsen Suites is part of Sunway Property’s future investment plan which is estimated to be worth RM4bil in Perak in the next 15 to 20 years.
Sunway City Ipoh has bagged five FIABCI awards, namely two FIABCI Prix d’Excellence (International) awards clinched by Banjaran Hotsprings and Lost World of Tambun in 2012 and 2015 respectively, and another three FIABCI Malaysia Property Awards, which included the honour of Best Master Plan township in 2010.