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Trinity Group invests RM3 mil for infrastructure enhancement in KL South

theedgeproperty.com.my - Thursday, 23 February 2017

PUCHONG (Feb 23): In collaboration with the Kuala Lumpur City Hall (DBKL), boutique developer Trinity Group Sdn Bhd has invested RM3 million to improve the infrastructure surrounding its latest development, Trinity Aquata @ KL South.

The enhancement effort seeks to widen the existing Jalan 1/141 at Sungai Besi, expanding the current two lanes to four lanes, measuring 23.4m wide.

“The road widening initiative is expected to be completed by end-2018. It will provide better access to the residents of Trinity Aquata and the communities of Desa Petaling, Sungai Besi and Salak South, [while] improving connectivity to several mature townships such as Bukit Jalil, Sri Petaling and Kuchai Lama,” said Trinity Group’s managing director Datuk Neoh Soo Keat (pictured) today at a media briefing. Neoh’s opening remarks were read by chief operating officer Chung Onn Sun.

Neoh added that since Trinity Group's inception in 2004, it has invested over RM15 million into various infrastructure upgrades that benefit the communities around its developments.

Set to be completed in mid-2019, Trinity Aquata has registered a take-up rate of over 80% as of today. “We expect it to be fully taken up in the next three months,” said Neoh. He urged buyers not to miss the boat, predicting this year to be the beginning of a property upcycle.

Located in KL South, Trinity Aquata is a low-density condominium project with a gross development value (GDV) of about RM370 million. Spanning over 3.58 acres of freehold land, the project consists of two 26-storey condominium blocks, housing 492 condo units with built-ups ranging from 839 sq ft to 1,420 sq ft. Prices start from RM580,000.

Trinity Aquata is accessible via Besraya Highway, KL-Seremban Highway, Middle Ring Road as well as the Maju Expressway, while the Terminal Bersepadu Selatan is located about 1km away. 

On the upcoming launches for 2017, Neoh said Trinity Group is looking to launch high-rise residential projects in Mont’Kiara and Kepong, which have GDVs of RM400 million and RM300 million, respectively. He added that the developer is looking to achieve RM600 million of sales target for 2017.

Source: http://www.theedgemarkets.com/article/trinity-group-invests-rm3-mil-infrastructure-enhancement-kl-south

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