http://www.theedgemarkets.com/article/ta-g...suites-80-takenTA Global’s Ativo Suites 80% taken upEthel Khoo
The Edge Malaysia
December 24, 2018 15:00 pm
TA Global Bhd’s two-tower Ativo Suites — the second residential development within its Damansara Avenue project in Bandar Sri Damansara — has seen a combined take-up of 80% since its launch in 3Q2017.
Tower B, which was previewed in the second to third quarter last year, is 95% sold, while Tower A, which was opened for sale during the official launch this year, is 65% sold.
“The response has been very encouraging thus far despite the soft property market and Ativo Suites’ high selling price. It is the highest benchmark in its location. We are very happy that the product is well received by the public,” says general manager Lee Yen Foong.
Damansara Avenue was first launched in 2010 and revamped when it was announced that a mass rapid transit station — part of MRT Line 2 — would be located opposite the development. The new master plan was unveiled last year.
Lee says TA Global is in the advanced stage of planning for the next phase of Damansara Avenue — Ativo Annexe, a 15-acre mixed-use development that will feature a mall, office towers, residential towers, a college, a medical centre as well as senior living apartments. It will be connected to the upcoming Sri Damansara East MRT station via a pedestrian link bridge.