Radium Development Berhad, “Radium”, launched its latest project, the R Suites Chancery Residences, “Chancery”, with a gross development value of RM521 million, at Ampang City Centre, Kuala Lumpur.
Chancery is set to be completed by the fourth quarter of 2027, offering discerning local, regional and international buyers an investment opportunity in Malaysia’s city centre’s growing property market with a range of facilities and amenities to meet the needs of the new business and investment segmentations.
The 51-storey development sits on a 2.18-acre plot of prime freehold land in Ampang City Centre, Kuala Lumpur, surrounded by an established commercial and residential neighbourhood. It comprises 944 residential suites, commercial spaces, exclusive facilities and amenities, as well as a 145-room hotel, managed by a renowned, established independent KL-based hotel brand.
Radium Development property
In comparison with the previous year, the property sector saw some improvement in terms of transactions and values in 2022, according to Radium Development’s Managing Director, Mr Gary Gan Kah Siong.
With a focus on multifunctional living spaces, Chancery’s residential suites range in size from 452 square feet to 861 square feet, priced between RM455,000 to RM867,000. Suite Series A and B offer modern, stylish studio-style units, while Suite Series C offers luxurious two-bed, two-bath suites.
“The property sector is facing significant challenges as we begin to recover from the pandemic. Despite this, Chancery will meet the demands of buyers who expect
exceptional quality and value in their property investments, as we are committed to the market towards building responsibly and responsively,” Mr. Gary Gan concluded.
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