KUALA LUMPUR: Sunway Property, the property arm of Sunway Bhd (KL: SUNWAY), announced in a statement Thursday that the third phase of its Sunway Aviana Residence landed strata development in Johor, comprising 90 units, has achieved a 95% take-up rate within a month of its launch.
The project’s first two phases, comprising 259 units in total and launched in 4Q2023, have been fully sold.
Situated in the Parkview precinct of the Sunway City Iskandar Puteri township, Sunway Aviana covers 22.18 acres and has a gross development value (GDV) of RM296 million.
The leasehold units have built-ups ranging from 1,847 to 1,988 sq ft and the layouts offer up to four en-suite bedrooms and two family halls. The homes also come with a 20ft wide common back lane garden and an additional two metre entrance frontage. Other facilities in the development include a community centre, outdoor gym, playgrounds and parks.
“We have seen interest accelerate for the real estate market in Johor, especially given proposed initiatives including the Johor-Singapore Special Economic Zone and the upcoming Rapid Transit System Link,” Sunway Property CEO for the southern region Gerard Soosay said in the statement.
He added that the developer is currently developing an RM8 billion logistics facility with Singapore-based Equalbase in Asean’s first fully carbon-neutral free commercial zone at Sunway City Iskandar Puteri.
