KUALA LUMPUR (Aug 24): The final tower of Solasta Dutamas condominium development by YNH Property Bhd will be officially open for sale in October this year, following the success of the project’s first two towers, which achieved an average 90% take-up rate as of Thursday (Aug 24).
Solasta Dutamas is spread across a 3.52-acre freehold tract in Dutamas, Kuala Lumpur. With a combined gross development value of RM771 million, the project comprises three condominium towers; Block A, B and C.
YNH Property’s latest offering, Block A, will be 33 storeys high with 329 condominium units. These units will have four layouts with built-ups ranging from 720 square feet (sq ft) to 900 sq ft. Selling prices start from RM697,500 and the maintenance fee inclusive of sinking fund is approximately 40 sen per square feet.
The first two towers, Block C and B, were launched in 4Q2022 and 1Q2023, respectively. Block C consists of 42 storeys with 501 units in total, while Block B has 33 storeys with 329 units. The entire Solasta Dutamas development has eight levels of elevated car park bays, and one level of basement car park bays. The entire project is expected to be completed by 4Q2026.
In a media briefing event on Thursday, YNH Property group general manager Allan Yu said all units are partially furnished with kitchen fittings, bedroom wardrobes, and air-conditioning in all bedrooms and the living room. The development will also have a covered walkway of about 200 metres, leading to the Segambut KTM station.
Yu attributed the development’s high take-up to its location and pricing. He said, “Solasta Dutamas has clearly touched a positive chord among discerning home-buyers, especially those who are young, upwardly mobile and appreciate the modern contemporary urban lifestyle. Our buyers are attracted to its location within this upscale enclave and have found the pricing to be truly value-for-money”.
“The success of Solasta Dutamas will contribute positively to our group’s performance, delivering sustainable value creation for our shareholders and stakeholders into the foreseeable future. In addition, it also affirms YNH’s capabilities in securing, marketing and developing high-quality landbank that can drive the group’s future growth.”
Some facilities of the project include childcare room, swimming pools, jacuzzi, changing rooms, gymnasium, outdoor barbeque area; a multi-purpose hall which is also used as a badminton court; playground and sky decks for each tower.
On his property market outlook for Dutamas, Yu said the neighbourhood is a well-established one with a number of new developments. He also believes the neighbourhood’s property market will remain strong, with active demand from homebuyers for the rest of the year.
As part of the developer’s plans in the pipeline, Yu said YNH Property has a total of 10 acres of freehold landbank in the surrounding area of Solasta Dutamas. He added that developments in these 10 acres will be primarily residential, commercial and a lifestyle hub, which would cater to the needs of residents at Solasta Dutamas, as well as complement its surrounding neighbourhoods.
Next year, the developer plans to launch a high-rise residential development in Bangsar, Kuala Lumpur. Yu also revealed that YNH Property has, as of now, a combined total of about 1,000 acres of remaining land bank in the Klang Valley, Genting Highlands, Negeri Sembilan and Perak for future developments.