At the topping up event were (from left) Kogelevanan, Hong, Aw, Tanco, Leong, Yaw, Chen and Tang.
PETALING JAYA: Avaland Bhd has topped out Aetas Damansara, its inaugural luxury development that received numerous accolades in 2022 and 2023. With a 100% take-up rate, Aetas Damansara is expected to be handed over to homeowners in the 1st quarter of 2025, nearly six months ahead of schedule.
The 1.76-acre development has a gross development value (GDV) of RM582mil and comprises two 47- and 48-storey towers. Featuring private lifts for all 226 units and panoramic golf course views, Aetas Damansara stands out with its unique features. Some units are designed with multigenerational rooms, wheelchair-friendly features and spacious bedrooms for senior living comfort. Units offer views of Tropicana Golf & Country Resort or KLCC and Petaling Jaya.
During the milestone event, Avaland chief executive officer Apollo Bello Tanco said: "In 2021, we introduced Aetas Damansara as our inaugural luxury development with the purpose of expanding into the premium property market and meeting the demands of the high net-worth market segment. Buoyed by the 100% take-up rate for Aetas Damansara, we are looking forward to unveiling Aetas Seputeh, our debut luxury venture in Kuala Lumpur, in the next few weeks.
“These projects have been designed with numerous sustainable features, leading to both Aetas Damansara and Aetas Seputeh achieving GreenRE Platinum certification, a recognition shared by only 71 projects in Malaysia. This achievement speaks volumes about our steadfast commitment to sustainable development."
Also at the topping up event were Avaland project development director Kogelevanan Thinakaram, Al-Ambia managing director Ben Hong, Avaland's chief operating officer Aw Sei Cheh, chief financial officer Shirley Leong and project development director Yaw Sheng Fung, YHSA Architects director Chester Chen andAl-Ambia executive directorTang Juang Yew.
Avaland is poised to meet market demands and set high standards in the real estate industry with the completion of four new projects worth over RM1.7bil within the next 18 months. This demonstrates their dedication to quality and timely completion. With a resolute sales target of RM1bil for this year, Avaland is enthusiastic about launching projects like Aetas Seputeh, Amika Residences and Anja Bangi, with a combined GDV of RM1.4bil. These strategically positioned ventures are intended to attract buyers from different market segments and further affirm Avaland's success in the dynamic property market.
Avaland's dedication to diversity in housing options is exemplified through its range of properties designed for different market segments. Ava Ria provides affordable housing solutions with a focus on delivering quality homes at reasonable prices while offering essential amenities. This commitment to affordable housing was highlighted during the topping-off event of its Casa Embun development, with a 99% take-up rate.
Its Ava Prime category homes are tailored for contemporary living experiences, emphasising modern amenities that enhance convenience and comfort. On the luxury end, Ava Luxe epitomises opulence and exclusivity, offering premium finishes with enhanced privacy for discerning buyers seeking luxurious and refined living experiences.
For more information on Avaland and Aetas Damansara, visit www.avaland.com.my and https://aetasdamansara.my/
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