More Sunrise high-end condos

KUALA LUMPUR: Sunrise Bhd will continue building high-end condominiums that give higher returns to its buyers, says projects department assistant general manager Raymond H.C. Cheah.

“Our previous developments are proof that Sunrise properties have given back much higher returns to the buyers and investors,” he told reporters yesterday during a media visit to 10 Mont’ Kiara.

As an example, he cited the just-completed 10 Mont’ Kiara. “When the project was launched four years ago, the unit price was RM500 to RM550 per sq ft. Now, the price has gone up to about RM700 per sq ft,” he said.

Cheah added that that rental rate at 10 Mont’ Kiara was now about RM12,000 to RM15,000.

By The Star