Property Insight August 2017 - B

Page 11

Top: KIP Hotel is a showcase of modernistic design with value-added facilities

We constantly provide or feed each other with information but separately process them for benefical conclusions,” adds Valerie. This was the case when an architecture team proposed a modern, nonconventional full-length glass facade for the group’s planned KIP Sentral Shoplots in Kota Warisan - with Valerie immediately warming up to the idea. “I thought the concept was something out of the norm especially in this area, with its design which features full-length glass windows fronting the main road. “Kota Warisan in Sepang is not exactly the city centre landmark but I thought bringing something new and fresh to the development would have a higher impact for the area. This would in turn, improve the whole integrated development (favouring the three other components in KIP Sentral) although the cost would be higher. It was a risk worth taking,” she enthuses. Valerie says that her dad was initially skeptical as it would substantially add to the development cost.

Left: Refresh yourself at the infinity pool

“When it comes to design, the extensive usage of glass costs more than the conventional way of constructing a shoplot,” she explains. The management eventually agreed to her request on condition that the units could sell. Valerie proceeded with the challenge and was amazed at the end results - with the shoplots being snapped up quickly a few years back. “I’m happy to say that we closed many sales for the shoplots with minimal marketing effort by utilising our database. People were calling us at all times, eargerly wanting to buy the shoplots which were sold out in three months. “In fact, this was the most exciting project that I’ve handled. At that time, I

didn’t even have a full-fledged team of my own yet but a sub-division to work with which was handling real estate marketing for the company. We did well for ourselves and that motivated me to circumvent any challenges that were in my way and tell myself that I could only go forward from here on,” she enthuses.

ZOOMING IN ON KIP SENTRAL

All of the 132 Phase 1 KIP Sentral Shoplots have already been sold and handed over to buyers on Sept 1, 2016. “To our surprise, there is a lot of demand and interest - with many businesses having started operations. “These include four hotels, supermarkets, convenience stores, retail outlets, banks, international fast food chains like Pizza Hut, Burger King and Domino’s Pizza springing up within six August 2017 I 9


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