The Edge Property, March 26, 2011
By Wong King Wai of theedgeproperty.com
KUALA LUMPUR: YTL Land & Development Bhd's new condominium development, The Capers at Sentul East, is expected to see some 7,000 interested buyers for its 466 units during the launch this weekend, Mar 26 and 27.
"We expect the response for sales to be equally overwhelming," said Datuk Yeoh Seok Kian, YTL Land executive director and deputy managing director of YTL Corp Bhd. This is its third development in Sentul East after The Tamarind and The Saffron, launched in 2005 and 2006 respectively.
The Capers sits on 4.3 acres of freehold site 10 minutes from KL city centre and Mont'Kiara. Yeoh declined to reveal the gross development value.
The growth of commercial projects and a highly discerning population in the area have provided the impetus to launch this new project.
"With all the elements coming into place, we believe Sentul East is ready for another residential development," Yeoh tells The Edge Financial Daily.
The Capers units are selling from RM688,519 to RM3.2 million. The project consists of 338 units housed in two 36-storey towers and 128 low-rise suites. Built-up areas for the tower units range from 695 sq ft to 1,567 sq ft with two bedrooms and 3+1 bedrooms configurations.
The low-rise suites are made up of duplexes and 3-storey single level suites. Sizes are 999 sq ft (2+1 bedrooms) and 1,965 sq ft (duplex 4+1+1 bedrooms).
Both towers — one oriented towards KL city centre and the other towards the highlands — are positioned to shield the units from the afternoon sun and from each other so that units don't look into each other. They also boast panoramic views.
"The curvy design of the structure was inspired by nature where nothing ever conforms to a straight line, for example, branches, leaves and waves," said Yeoh.
Future launches by YTL in the area will be commercial projects.
"We will soon be launching two more commercial developments, d2 and d5, strengthening our goal to create an iconic business hub in Sentul and infusing a new vibrancy into the area," Yeoh revealed. "In the future, all Sentul East developments will be connected via a sky bridge to provide convenience to the community and create a truly thriving and connected hot spot."