By THE EDGE
KUALA LUMPUR: Four established property developers have teamed up to develop a luxury premier high-rise residential project known as Twins at Damansara Heights in the Damansara town area.
The four, Malaysia’s the Lion group, the real estate investment arm of American International Group Inc, Singapore-based Koh Maju, and Heeton Holdings Ltd, will form a joint-venture company, Panareno Sdn Bhd.
In a statement yesterday, Panareno said the two-tower project, which is set to be launched later this month, would be built on a 0.87ha freehold land located at Damansara Heights fronting Jalan Damanlela and adjacent to Jalan Johar.
It said the project would offer 318 units of luxury residential suites, built on twin 36-storey blocks, with 159 units in each block.
“These two spectacular “avant garde” towers with a glistening fusion of glass and metal will allow one to enjoy the view of the surrounding affluent neighbourhood and the city skyline.
“Twins at Damansara Heights offers seven different unit types, with unit sizes starting from 766sq ft to 2,078sq ft for the standard units and from 2,171sq ft to 5,261sq ft for the penthouse suites which are duplex and triplex suites,” it said.
Eric Ooi, managing director of Knight Frank Malaysia, the appointed exclusive marketing agent for the project, said Twins at Damansara Heights was well poised to be an iconic landmark in the notable Damansara area.
He said Twins at Damansara Heights was surrounded by the elite neighbourhoods of Bangsar, Sri Hartamas, Damansara Jaya, Damansara Utama, and Mont Kiara.
The project, which is expected to be completed in Nov 2010, will offer facilities including two sky gymnasiums, a studio suitable for yoga, aerobics workout and dance sessions, swimming pool, landscaped gardens, and home automation security system.
The concept architect is Axis Architects Planners of Singapore whose credentials include The Oceanfront @ Sentosa Cove, Savannah CondoPark and The Pier @ Robertson Quay; while the local architect is Veritas Architects.
Clouston Design, whose benchmark projects include Sierramas Resorts Homes, Suria Stonor and Putrajaya Waterfront, is the appointed landscape architect.