Overwhelming response to Tan & Tan's One Jelatek

By New Straits Times

TAN & Tan Developments Bhd's latest low-density condominium, One Jelatek, received overwhelming response during a recent sales preview. Purchasers snapped up 90 per cent of the 90 available units in just two hours, leaving behind only Bumiputera units.

One Jelatek is expected to achieve attractive rental returns when it is completed in 2010, the developer said in a statement.

"This 20-storey chic and stylish development sits on a valuable pocket of freehold land along Jalan Jelatek, located just minutes away from KLCC, Great Eastern Mall, The Amp Walk, and Gleneagles Medical Centre, and conveniently connected to the rest of Klang Valley via the Jalan Ampang, the Ampang Elevated Highway and two Putra LRT stations," Tan & Tan group marketing general manager Kevin Kuok said.

The built-up area of One Jelatek standard units range from 1,327 to 1,649 sq ft, with one bedroom and study, two bedrooms and study, and 3-bedroom configurations at an average price of RM420 per sq ft.

All units come with split unit air-conditioning, built-in kitchen cabinets, sizeable four-fixture master bathrooms, dedicated powder room, store and laundry area and two car park bays.

"Over the years we have been one of the leading property players in the city area. With the record success of One Jelatek and other developments such as U-Thant Residence, Northpoint, Cendana, Bukit Sri Persekutuan, Desa Damansara 2 and Hampshire Park, Tan & Tan's prime focus will remain within the city," added Teh Boon Ghee, Tan & Tan senior general manager (project developments).

He said Kuala Lumpur will continue to be the location for Tan & Tan's new developments next year.