KSK Land: 8 Conlay charts steady progress, secures RM30mil penthouse buyer


File pic: KSK Group Bhd group chief executive officer Joanne Kua with a model of the company's 8 Conlay development.

KUALA LUMPUR: KSK Land today announced the structural completion of Tower B at 8 Conlay’s twin branded residence, YOO8 serviced by Kempinski (YOO8).

KSK Group chief executive officer and KSK Land managing director Joanne Kua said following the structural completion of YOO8 Tower A late last year, the Group is extremely delighted that 8 Conlay continues to progress steadily and have now topped out and completed the YOO8 Tower B structure.

"We wanted to celebrate the structural completion differently by stirring the imagination and to present a glimpse of Kuala Lumpur as you have not seen it - from over 800 feet above the ground," she said in a statement today after the topping-out ceremony of YOO8 Tower B.

To commemorate the milestone, a unique photo series featuring panoramic views of Kuala Lumpur’s iconic landmarks were undertaken, set in two actual units from one of Tower B’s top floors.

Titled ‘Height of Anticipation’, the stylish photo series marked a moment of celebration - both the steady progress of 8 Conlay, as well as more symbolically, the city of Kuala Lumpur as an emerging metropolis.

In addition, KSK Land also announced that it has secured a buyer for 8 Conlay’s sole penthouse unit priced at RM30 million.

Perched on the 65th floor of the Kempinski hotel tower, the excited buyer was said to have decided on the 8,742-square foot residence as it offers stellar 360-degree view of the city, Kempinski hotel services and strategic location in central Kuala Lumpur.

"We are now seeing an uptick in market interest for ultra-luxury Malaysian properties such as YOO8, from buyers at home and abroad.

"Locally, we’ve recorded a 10 per cent growth in local buyers, shifting the ratio from 30 per cent to 40 per cent in the past few years," Kua said, adding that the growth was driven by disruption in international markets resulting in high-net-worth individuals looking at Malaysia’s property market as a safe haven.

Set to be one of Kuala Lumpur’s most desirable addresses, YOO8 serviced by Kempinski is a branded residence property associated with YOO, the world’s largest non-hotel residential brand with a demonstrable track record for setting the bar for design, marketing and service quality.

Situated within 8 Conlay, a commercial and freehold mixed development with a gross development value of RM5.4 billion (US$1.22 billion), it brings together the best of urban living, hospitality, retail and design to create an exhilarating space for its residents and urbanites alike. - Bernama

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KSK Land , 8 Conlay , YOO8 , Joanne Kua , topping out

   

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