The RM1.3bil integrated development that draws in home buyers and investors
Like its namesake, Klang’s latest and trendiest hub for food, fashion, and culture is pulling in people, food outlets and businesses to its location. Aptly named Gravit8, the RM1.3bil development symbolises the new face of a dynamic, modern Klang, offering a new lifestyle and a different approach to urban living, leisure, work and entertainment.
It is a fully integrated development designed to seamlessly connect components for the ease of residents and visitors. Acting as a new centre of gravity, Gravit8 is attracting all the components that will make this place truly happening for residents, business operators and visitors. Currently comprising serviced apartments, a retail mall, small -officesversatile-offices (SoVos) and retail outlets, Gravit8 is a natural convergence point for people in Klang to come together, to see and be seen. A corporate tower and hotel will be part of the future development. The man-made Lakepark, which is the first component to be completed, accentuates the value of Gravit8 properties while introducing a perfect setting for community activities and recreation.
A focal point
Property Developer Mitraland Group invested RM11mil to create the eightacre lake, which has been a big draw for many events like the Gravit8 Charity Fun Run, Zumba classes and couples taking advantage to have their wedding photoshoots at the placemaking Lakepark. Interestingly, it is also the first petfriendly Lakepark in Klang. Gravit8’s modern nautical concept is reflected in many of its elements, from the warm tones and rugged textures reminiscent of old port towns to the Scandinavian, Mediterranean and Japanese building textures that permeate the public spaces at the residential towers.
Atop the two-storey Pier8 Retail Mall are four freehold residential towers. Nordica, named after the Nordic Sea, consists of 340 units, with built-up sizes measuring from 631 sq ft to 1,046 sq ft, while Adria, derived from the Adriatic Sea, comprises 342 units with built-up sizes of 631 sq ft to 1,046 sq ft. Andaman, taking its name after the Andaman Sea, offers 327 units, with builtup sizes measuring from 717 sq ft to 1,128 sq ft. The final residential tower is the 280-unit Ashino, a name that is derived from Ashinoko Lake in Japan.
As the name implies, this tower is Japanese themed and offers the biggest units, with built-up sizes of 871 sq ft to 1,237 sq ft. Nordica, Adria and Andaman residential towers are fully sold while the 4th tower Ashino enjoys a 90% take-up rate. Nordica and Adria residential towers were successfully handed over in Q4 2019 and the towers also achieved a QLASSIC (Quality Assessment System in Construction) score of 77% This reinforces Mitraland’s commitment to maintaining the workmanship quality based on stringent industry standards for all of their developments.
Rise of The Tresor
Set within the 23-acre Gravit8 is the newest addition to the freehold mixed development. Named the Tresor, which will occupy a 2.75-acre parcel next to the Pier8 Retail Mall, it has a gross development value of RM240mil. It will comprise a 29-storey tower with 344 serviced apartments, 72 Parkhomes and 25 shops. Priced from RM516,800, the 1+1 to 3+1-bedroom units will have built-ups ranging from 952 to 1,125 sq ft. The units are expected to be completed in 2025.
The Parkhomes, located on the lower floors of the tower, will have built-ups of 1,175 sq ft to 1,206 sq ft. These units will come with parking bays in front of them, giving residents the experience of living in a landed property with condominium facilities. A link bridge at Level 1 to the mall offers residents and visitors an easy and safe passageway. The Tresor also boasts the best view of all the residential towers as it directly fronts the Lakepark.
All units facing the lake will be installed with low-E glass to maintain brightness but eliminates the heat and minimises infrared light penetration. As sustainability for the environment is put into practice at Gravit8, one of the highlights includes the electric car charging stations at The Tresor, a feature also available at Nordica, Adria, Andaman and Ashino.
Good connectivity
Strategically situated along the Shah Alam Expressway and close to the Federal Highway, reaching Gravit8 is of no issue. Moreover, when the light rail transit line 3 (LRT3) is completed, there will be nearby stations at Johan Setia and Bandar Botanik. While there is a multitude of schools within a 10-km radius of Gravit8 like SJKC Hin Hua, Hin Hua High School and SK Bkt Tinggi, the closest is Orbix International School by Orbix Education Group, which occupies 55,000 sq ft in Pier8. The international school will be the first in Southeast Asia to offer a comprehensive Al syllabus for students aged 6 to 18. Other amenities include Aeon Mall at Bukit Tinggi, GM Klang Wholesale City, Tengku Ampuan Rahimah Hospital and Pantai Hospital Klang.
Increasing value
Mitraland’s past successes have marked the company as a major player in the property industry. Incorporated in 1998, the company has grown from strength to strength by developing landed property projects in Cheras and luxury condominiums in Mont’ Kiara. Fuelled by its success, the corporation expects the value of Gravit8 to reach RM1.5bil from RM1.3bil when it is fully completed.
This confidence stems from the expected spillover effects from three major projects, namely the IKEA distribution hub, the upgrading of Port Klang linked to the East Coast Rail Link and the maritime city project on Carey Island. These are positive steps towards attracting more investments from global players and transforming Selangor into a regional logistics hub. And ultimately, employees from these billion-ringgit developments would be seeking out nearby accommodation.
Stay ahead of the crowd and enjoy fresh insights on real estate, property development, and lifestyle trends when you subscribe to our newsletter and follow us on social media.