The Colony By Infinitum
The art of modern living with dual-key suites in the heart of Kuala Lumpur
Are you someone who is always keeping abreast of industry trends? Then you might want to check this out. There is a new mixed development in town that is being built by two established developers from Singapore.
The project is called The Colony by Infinitum, and it is developed by Macly Equity Sdn Bhd, a joint venture between Macly Group and Roxy-Pacific Holdings Ltd Singapore. They are presenting a design that has been famous in developed countries like Singapore and Japan – dual-key apartment units.
ABOUT THE COLONY
It is a new boutique development located in the middle of the city, beside Quill City Mall and on Jalan Dewan Sultan Sulaiman. If you are looking for a lifestyle suite that is built on freehold land, then you are looking at the right place. The Colony by Infinitum stands apart from the rest on the busy lifestyle street.
The development enjoys great accessibility to attractions around town such as Kuala Lumpur city centre, Maju Junction Mall, Sogo Mall and also the shopping heaven along Jalan Tunku Abdul Rahman. Its close proximity to malls means easy access to shopping, F&B as well as entertainment.
The Colony by Infinitum is a short walk from the Medan Tuanku monorail station that connects to other major transportation hubs such KL Sentral and Kuala Lumpur International Airport (KLIA). Being in the middle of town also gives it good connectivity via bus rides or even taxis, and every major highway. In short, The Colony by Infinitum is simply convenience at your doorstep.
The Colony by Infinitum is not your average serviced apartment. It employs a dual key concept for residents to enjoy the best of both worlds. In other words, a seamless integration between work and play for its residents.
Although it is built on commercial land, the property is for residential use. Its dual-key units come in a range of layouts, from simple rectangular ones divided right down the centre of two-storey maisonettes or lofts.
What is a dual-key unit? It is one unit with two different doors, spaces and functions. This is the main unique selling point that deserves attention from property investors. If you are a home buyer, you can stay in one of the units while using the other one to generate income, for example, renting it out as an office unit.
However, if you are an investor, you are literally killing two birds with one stone when you own a unit of The Colony by Infinitum. As an investment opportunity, this development is built around the idea of economy of space and is furnished with an innovative design which enhances the dual key function abilities that gears towards dual income units.
An investor can opt to stay in one of the units and rent out the other one for investment. Another option is to simply rent out both of the units.
One unit comes with built-in kitchen cabinets with hob and hood, sink and tap, while the pairing unit, which can be rented out or used as an office, come with a cabinet, sink and tap.
The bathroom will be fully equipped with a showerhead, water closet and wash basin, while additional throw ins include water heater and split air-conditioning units. There is built-in kitchen and wardrobe as well.
Therefore, without the need for any renovation, you can just rent out the property to tenants. This is known as a modular concept property which is a relatively new concept in Malaysia.
The Colony by Infinitum, which has a Gross Development Value of RM800 million, consists of shoebox units – apartments that measure under 500 sqft. Shoebox units have been particularly well received in Singapore where land is scarce and property prices are high.
There will be two residential blocks divided into two construction phases with the 33-storey Block A under Phase 1 and Phase 2 is the 43-storey Block B – named as The Luxe by Infinitum which is now opened for pre-registration.
Block A has a total of 423 units with unit built-ups measuring between 705 sqft, 725 sqft, 945 sqft, 990 sqft and 1,155 sqft, while The Luxe by Infinitum houses the remaining 300 units with built-ups between 675 sqft to 1,575 sqft.
Prices for Phase 1 average at RM1,300 per sqft with a maintenance fee of RM0.40 per sqft. The developer believes that its development stands out from the competition, especially with reports that small sized apartment units are going to be the upcoming trend.
For more details on The Colony by Infinitum, please visit www.thecolonybyinfinitum.com.my or call +603 6201 9188 (Malaysia) / +65 9677 6777 (Singapore).
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