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Sime Darby Property To Launch First High-Rise Development In City Of Elmina

Business Today ·  Nov 15 16:06
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Kanopi Residences comprises 449 spacious three-bedroom units starting from RM565,888 and is strategically located near to Elmina Lakeside Mall and an upcoming education hub in Elmina City Centre.

Sime Darby Property Berhad will launch its first high-rise development, Kanopi Residences, on 23 November 2024. Located in the City of Elmina, the development features 449 units, each spanning 1,000 sq. ft. with three bedrooms, two bathrooms, and a minimum of two car parks. Units are priced from RM565,888, with a Gross Development Value (GDV) of RM299 million.

Kanopi Residences is designed with the 15-minute city concept in mind, integrating living, working, learning, and recreational spaces, all while prioritising wellness. It is positioned as a prime opportunity for both homebuyers and investors, with the City of Elmina expected to become one of Malaysia's most sought-after townships.

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Kanopi Residences is the first high-rise in Elmina City Centre's 350-acre sustainable masterplan and embraces the 15-minute City Living concept.

The development is strategically located just 300 metres from Elmina Lakeside Mall, offering more than 90 retail and dining options. It is also close to the upcoming Education Hub, which will include SJK(C) Regent Elmina and Sekolah Menengah Akademik Chong Hwa, set to open in 2026 and 2027, respectively. Additionally, national schools in Denai Alam are within a short drive, with expected completion in 2026 and 2028.

Kanopi Residences benefits from enhanced connectivity via the DASH highway, Guthrie Corridor Expressway, and a future MRT hub. This makes it ideal for first-time buyers, newlyweds, and young families.

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Kanopi Residences receives overwhelming response during early bird preview for its attractive pre-launch offers.

Appollo Leong, Sime Darby Property's Chief Operating Officer of Township Development, highlighted the development's strategic location at the heart of the City of Elmina. He added, "Following the recent launch of Elmina Lakeside Mall, the city's growth is just beginning."

The development will offer over 35 wellness-themed facilities, including sky gardens, a swimming pool, and fitness areas. Residents will have access to the 300-acre Elmina Central Park, featuring six theme parks and recreational spaces.

Kanopi Residences has been awarded GreenRE Silver certification for its environmentally responsible design, incorporating energy-efficient features, rainwater harvesting, and eco-friendly materials. This reflects Sime Darby Property's commitment to sustainable and wellness-focused living.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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