Ecofirst Showcases Ampang Ukay Development in Phase 1 Launch
EcoFirst Consolidated Bhd kicked off its highly anticipated RM5 billion Ampang Ukay mixed-development in Ulu Klang with the launch of its Phase One, Liberty Arc @ Ampang Ukay on Friday, March 3.
Some 400 business partners, bankers, employees and purchasers attended the colourful launch event themed "Urban Living and Modern Lifestyleâ€ in line with the design concept of Liberty Arc.
With a GDV of RM606.8 Million, Liberty Arc @ Ampang Ukay comprises three towers of 1,632 residential SoHo units and 32 retail units. Keeping to its theme of modern urban living, it offers compact fully furnished units each measuring 450 sqf in size.
"This launch marks a major milestone and level in our next phase of growth. It is definitely a motivation for the team to move forward stronger than ever, " said Dato' Tiong Kwing Hee, Group Chief Executive Officer of EcoFirst Consolidated Bhd.
"I would like to thank EcoFirst's business partners and employees for the success we have enjoyed with Liberty Arc @ Ampang Ukay. Two out of the three blocks has achieved a take-up rate of more than 90% while the third block is currently at 30% and selling fast.â€
During the official launch, guests were presented with a special property talk by Ishmael Ho, Chief Executive Officer of Ho Chin Soon Research who shared his expertise on the prospects of Ampang Ukay in view of current property scene in Malaysia.
"Ampang Ukay is serviced by strategic major roads, and is sandwiched between two affluent areas (Ukay Heights & Kelab Golf Darul Ehsan) This indicates interests from a lot of "old moneyâ€ in this part of the City for their next of kin" says Ishmael.
"It is a premium space with a great proximity to economic activity only waiting to unleash its full potential" he continued.
A metropolitan city in the making, Ampang Ukay is sprawled over 87 acres of prime freehold land in Ulu Klang, envisioned as the Little Hong Kong of Kuala Lumpur. A neighbourhood complete with retail convenience, quality amenities, pedestrian and bicycle-friendly environments and a vibrant nightlife, Ampang Ukay is set to offer a one-of-a-kind urban lifestyle for its future residents and visitors. It has an outstanding GDV of RM5 billion expected to keep EcoFirst busy within the next 10 to 15 years.