Trinity Group Sdn Bhd’s recent development, Trinity Aquata, achieved RM355 million in sales with a 95% total take-up rate.
The 1.45ha project has an estimated gross development value (GDV) of RM374 million.
Trinity Group MD Datuk Neoh Soo Keat (picture) said 65% of the buyers are made out of homeowners who are mostly upgraders, while the other 30% are property investors.
“The encouraging takeup rate shows that Trinity Aquata is a strategically positioned investment hotspot in the Greater Kuala Lumpur (KL).
“Homeowners today prefer to invest in an area that caters to their lifestyle, as well as rapidly developing areas as they promise more room for capital growth,” Neoh said at Trinity Aquata’s toppingout ceremony in Puchong yesterday.
He said the development, which was initially targeted for completion in mid-2019, is now expected to be completed by end-2018 instead, due to the progress of construction along with the favourable take- up rate.
Neoh added that he expects Trinity Aquata to achieve a 100% take-up rate before the high-rise project is fully constructed.
Trinity Aquata, which is located in KL South, is one of the catalysts towards the optimistic growth master plan by the National Land Public Transport, which focuses on improving the land public transport by 2030.
According to Neoh, the group has committed an investment of over RM3 million in collaboration with KL City Hall early last year, to improve the connectivity of Trinity Aquata to Kuchai Lama, Sungai Besi dan Bandar Baru Seri Petaling.
Trinity Group has invested over RM15 million on the infrastructure enhancements around its projects as part of the group’s mission — “Building Communities and Enriching Lives”.
The boutique developer has built a solid reputation by delivering projects ahead of schedule without compromising on quality.
The Malaysian Reserve previously reported that Trinity Group has secured RM160 million in sales, or a 100% take-up rate, for the first phase of its Trinity Lemanja development.
The first phase features 294 apartments, which were snapped up within a month upon its launch as reported in the property developer’s statement in Sept 2017.
Sitting on a 0.97ha piece of land along Jalan Metro Prima in Kepong, Trinity Lemanja has an estimated GDV of RM320 million.
Neoh further revealed that Trinity Lemanja has also received an overwhelming response for its second wing.
Trinity Group will be unveiling its next project which is located in Mont Kiara, KL, later this year.