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High Rise Apartment Liberty Tower at iCity Shah Alam Launched

Published on Nov 2, 2014

 

High-Rise Apartment Liberty Tower at iCity Shah Alam Launched
LIBERTY TOWER @ I-CITY UNITS LAUNCHED
80% of the 350 units of high-rise apartment, Liberty Tower at iCity, Shah Alam were sold within three hours of its official launch today.

70% of the units have been booked since September, as experts have predicted that the tower's value will skyrocket upon its completion in 2018.

More than 2,000 property buyers started queueing at the project site since early this morning to make a booking.

With Gross Development Value, GDV of RM180 million, it provides fully-furnished units ranging from 466 square feet to 769 square feet per unit.

Priced from RM360,000 each, the units feature kitchen cabinets, wardrobes, bed sets, air conditioners and TV sets.

The 29.2 hectare project is located adjacent to Central Plaza ICity shopping mall, where residents can get direct access to over 450 retail, dining and entertainment outlets.

Liberty Tower at icity will also be linked to an LRT station which would give residents easy connectivity.

 

I-Berhad’s Liberty Tower - Is a Dampened Property Market Upon Us?

posted on Nov 06, 2014

 

article source from www.nst.com.my

written by Kamarul Yunussah

photo source and credit to www.starproperty.my

 

I-BERHAD, master developer of the 29.2ha i-City, here, received overwhelming response to its Liberty Tower@i-City project, with 80 per cent of the units taken up during a special sales preview over the weekend.

Its director Monica Ong said the project’s location, affordability and style attracted a crowd of more than 1,000 to the i-Gallery@i-City, where the preview was held.

“We received overwhelming response to the Liberty Tower project. The queue started from 4am.

“Just from the attendance and response, I think it would be sold out,” she told Business Times on the sidelines of the sales preview, here, on Saturday.

Seventy per cent of the New York-themed project had been booked at a recent property fair.

Designed to appeal to young urban individuals, Ong said each unit, with built-up areas of 466 sq ft to 769 sq ft, will be fully furnished.

Priced from RM360,000 each, the Liberty Tower@i-City was poised to revolutionise living and shopping in Shah Alam, she added.

Ong said the encouraging response to the project was due to its proximity to the 1.5 million sq ft CentralPlaza@i-City retail mall, a joint development with Thailand’s Central Pattana Pcl.

“Liberty Tower@i-City residents will get direct access, via a dedicated pedestrian walk, to the CentralPlaza@i-City’s retail, dining and entertainment outlets,” she said.

Ong said the proposed light rail transit (LRT) Line 3 through i-City and the construction of a station nearby had made the property more attractive.

This is in addition to the project’s connectivity to the Federal Highway via a direct flyover into i-City, North Klang Expressway, Guthrie Corridor Expressway and the proposed West Coast Highway.

Liberty Tower@i-City, which is slated for completion in 2018, is an integrated, self-sustaining ultrapolis comprising real estate, leisure, business and education facilities.

“We are proud that Liberty Tower@i-City has directly enabled us to complement the youth housing scheme mooted by the government in the 2015 Budget.

“A major portion of our purchasers are aged 40 and below,” she added.

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