Delivering Attainable Dreams
Developments by Mitraland offer everything purchasers want in a home, space, greenery and top-notch facilities.
Mitraland Group is already a name developers look out for competition and end-buyers seek for their property acquisitions. This month we try to uncover the secrets to success of this renowned developer.
Chuah Theong Yee is the founder of Mitraland Group and is currently the Group CEO. In 1992, he joined the construction industry upon graduating from the University of Malaya with a degree in civil engineering, serving as Project Engineer until 1995. Subsequently, he ventured into property development, and in 1998, established his own property development company, Mitraland Group.
The success of Mitraland started with Kiara 1888, an exclusive high-rise condo located at elite Mont’ Kiara which was also awarded the prestigious PAM Gold award. Since then, Mitraland has grown from strength to strength earning international accolades along the way for projects like Cascades and 16 Quartz.
Developments by Mitraland offers everything purchasers want in a home, space, greenery and top-notch facilities. Their secret behind this is the close attention to detail from every step of the process starting from the planning stages to construction right down to the final product. These small details accentuate the developments and exhibits the value of handling even the smallest of particulars for such large end products. This is also proven with the many certificates that Mitraland has acquired like Conquas 21 as well as the Green Building Index for seceral of its developments.
Their newest development, Gravit8 is a complete mixed development comprising of retail, shopping, service apartments, SOHO, Hotel, office, surrounding an 8-acre lake park. This is a fully integrated development as it is self-sustained. Residents and visitors will be spoilt for choice by the number of activities and areas in which they can spend their time in. Not to mention, everything that they require will be within reach at Gravit8.
The highly anticipated launch of Adria Residences which is 2nd Block of Gravit8’s service apartments will be on the 3rd & 4th September 2016 with a total GDV for Adria Residences being RM 176 mil. Adria Residences is perfect not only because of the surroundings, but also because of its direct access to the KESAS Highway as well as being nearby to two stations of the proposed LRT 3 line.
These units are perfect for those who are younger, middle income earners whom may find it challenging to find affordable homes. The apartment’s price starts from RM330,000 and the majority of the products are priced below RM 500,000. Mitraland defines their product as an affordable luxury as owners are spoilt for choice by the number of facilities that Gravit8 offers.
Buyers will be happy to know that they will receive at least two carpark bays for each unit, with low down payment. The units come partially furnished, allowing buyers to spend more on other parts of their newly owned homes.
Other developments that Mitraland plans to undertake in the future is Trivillion@Kajang East which has an estimated GDV of RM550 million targeted to be launched the 1st quarter of 2017. Gravit8, phase 2B, Andaman Residences and Ashino Residences are respectively targeted to be launched in the 2nd quarter and 3rd quarter of 2017.
In these challenging times most developers find it hard to even sell off their units, not because of a lack of demand, but due to the economic situation the country is going through, as well as cooling measures taken by banks. Fortunately, with developers like Mitraland group, whom deliver quality assured products, at affordable prices, buyers can now make it a reality to own their dream homes.
In view of the unique proposition of the developer, buyer and investors alike can expect good capital appreciation upon completion and excellent rental view with the improved infrastructure by then. For more details, please visit www.gravit8.com.my or call +6016 623 7301 / +6016-561 7301
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