Bolton Berhad’s second tower block of the Surin condominium project is on schedule to be completed by the first quarter of 2013.
Group executive director Chan Wing Kwong said about 60% of the block comprising 192 units had been completed.
He said: “The buyers of the Surin are mainly locals. They buy with the objective to stay. There are no sub-sales.”
He was speaking at an exclusive preview of the Surin’s completed first tower block of 198 units for business partners and associates, real estate agents, and the media.
Initially when launched in 2008, the price per sq ft of a Surin condominium was around RM300, compared to about RM600 presently,
Chan said that currently, there were only 13 units still available, and they were the three-bedroom unit (1,307sq ft) and four-bedroom penthouse (2,827sq ft) priced from RM690,988 and RM1.35mil respectively.
Residents of Surin will be able to enjoy amenities such as an infinity swimming pool, a rooftop garden, two covered car park bays per unit, three-tier security, a barbeque area and sky decks.
“Surin residents get unparalleled vistas of the sea and green hills during the day, offering probably one of the best all-round views amongst the newer condominiums in Penang.
“Surin is equipped with facilities that include a swimming pool, gymnasium and playground,” he added.
The completed first tower block of 198 units is completely sold with certificate of fitness obtained, while the second tower block of 192 units is 93% sold. - By David Tan (The Star)
3 comments
Still mention 3 tier security? CEO no update? Guys you can sell your unit at 1307*600= 784200.
Has any body mentioned the kitchen wall now are we allowed to move it?
600psf? I think the CEO is referring to the left-over units whch they already priced ridiculously high. Even Vertiq only selling at 550psf with free interest during construction, discounts and freebies. What could be the reasonable subsale transaction price, i would say around 450psf.