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Sutera Avenue is a new integrated development by Mah Sing Group that is situated in Kota Kinabalu, Sabah. It is located just across the Sutera Harbour Resort, fronting Jalan Coastal. This project consists of 3 components, which are the Lifestyle Shop-Offices, Festive Avenue Retail, and The Residences - a serviced apartment.
The Lifestyle Shop-Offices is a 10-storey building with 18 blocks that house 180 units altogether. The built-up size for these units ranges from 16,149 sf to 37,285 sf. To date, the take-up rate for this unit type is 100%. Apart from that, it also features sky bars on the top of the building, with a built-up size of 9,386 sf and 5,549 sf, priced at RM12,800,000 million and RM7,300,000 respectively. With breath-taking views of the city from above, the sky bars will pose to be the main attraction to locals and tourists alike.
Meanwhile, the Festive Avenue Retail is a 2-storey street mall with a wide pedestrian boulevard located at the ground floor. There are also wide frontage units served by escalator to access to each floor. The built-up area of the retail space starts from 2,616 sf, which is suitable for boutique shops, restaurants and other retail businesses. The price for these units start from RM3,680,000.
The Residences, on the other hand, is a serviced apartment that sits on top of Festive Avenue Retail outlets, which means residents here would have the convenience of getting their daily, leisure and entertainment needs satisfied, without having to go far. Being the first residential project by the developer in Kota Kinabalu, it comprises 3 towers, offering 320 residential units in total. Units here are sized from 726 sf to 1,220 sf, and prices start from RM574,750 onward.
As for facilities, The Residences features an infinity pool, sky garden, playground, gymnasium, multi-tiered security with 24-hour surveillance, access cards to the car park and lifts, CCTV at the lift lobby and a secured reception lobby. All of these are to ensure occupants can live comfortability and fulfill their modern lifestyle in a safe environment.
To sum up, Sutera Avenue can be foreseen as one of the new vibrant hotspots of Kota Kinabalu. It is definitely a great place to invest, leveraging on a ready catchment of local residents and tourists population.
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Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 57,475 |
Loan Amount ( 90 %) | RM 517,275 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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