The Octagon is an ongoing new mixed development located in the vicinity of Ipoh, Perak. This entire development which is expected to cost around RM65 million is estimated to be completed by early 2016. This leasehold development comes with a single storey tower which is 21-storey high and it consists of 14-storey serviced apartments, three-storey cultural mall and four-storey parking lots.The Octagon offers a total of 160 units of serviced apartments and 33 units of retail outlets. The serviced apartment comes in form of a single layout which has 1,038 sf built-up, with either 2 or 3 bedrooms and 2 bathrooms. There are also numerous facilities provided in this residence to offer a comfortable living for the residence and among the facilities are jogging track, swimming pool, wading pool, playground, covered parking, barbecue area and 24-hour security.In addition, there are numerous amenities in the surrounding of The Octagon and among them are Ipoh Parade, Green Town Mall, Perak High Court, Ipoh Tourist Information Centre, Perak Tong, Ipoh General Hospital, Ipoh Specialist Hospital (KPJ), Fatimah Hospital, Pantai Putri Hospital, Kinta Medical Centre, Jusco, Tesco, Tesco Extra, Giant, Lost World Of Tambun, Gua Tempurung, Ave Marria School, Dataran Ipoh, Sam Poh Tong, Royal Perak Golf Club, Meru Valley Golf and Country Club and Kellie's Castle.The Octagon is also linked via highways and roads namely Jalan Theatre, Jalan Yang Kalsom, Jalan Sultan Iskandar, Jalan Sultan Idris Shah and North – South Highway. Also accessible in nearby distance are Ipoh KTM Station, Gopeng Bus Station, Kidd Bus Station and Sultan Azlan Shah Airport.
Property Details
Name: The Octagon Address: Jalan Theatre, 30720 Ipoh, Perak Developer: One Octagon Completion Date: 2016 (estimate) Type: Serviced Apartment & Retail Tenure: Leasehold No. of Block: 1 No. of Storey: 21 No. of Units Serviced Apartment: 160 Retail: 33 No. of Bedrooms: 2 - 3 No. of Bathrooms: 2 Built-up: 1,038 sf Launch Price: From RM298,800 - RM2,200,000Layouts
Standard 2 / 3 bedrooms + 2 bathrooms (1,038 sf)Facilities
Jogging track Swimming pool Wading pool Playground Barbecue area Covered parking 24-hour securityAnalysis
The Octagon is a proud project of the property developer, One Octagon. This development was launched recently with a launch price which varies between RM298,800 to RM2,200,000, for both the residences and retail outlets. Currently, this residence comes with an 80% take up rate as most citizens find the development rather unique and exciting. Developed in the historical site of Yau Tet Shin Bazaar, The Octagon is expected to be the next landmark replacing the bazaar. There are also an cultural mall included in this residence, which comes with several retail outlets. Overall this deemed to be a good property to invest, as it is located in the Ipoh city centre and it is expected to develop further in near future.
