Home offices sell out

I City Malaysia

i-City, and its master developer I-Bhd, has reported a 100 percent take-up rate for its two home office projects.

In a press statement the company reported that Chester Properties had purchased the remaining 30 units of i-SoHo and 120 units of i-Suites.

The development is located within a five-minute walk of the central i-City shopping centre that is set to open in 2018.

i-SoHo has 925 SOHO units with a gross development value (GDV) of RM 438 million.


It is scheduled for handover by end of this year.

i-Suite boasts 825 units and a GDV of RM 448 million and will be ready for possession by the middle of 2017.

Two other projects in i-City were also all fully sold before handover.

I-Bhd Director Monica Ong said that with the sustained demand for its properties, the company expects to increase its sales growth over the coming years.