8 Conlay Secures RM30 Mil Penthouse Buyer and Charts Anchored Progression

KSK Land celebrates this double milestone and showcases the city’s iconic landmarks in photo series from Tower B of YOO8 branded residences serviced by Kempinski

KSK Land today announced the structural completion of Tower B of 8 Conlay’s twin branded residence, YOO8 serviced by Kempinski (YOO8).

To commemorate the milestone, a unique photo series with the titled “Height of Anticipation” featuring panoramic views of Kuala Lumpur iconic landmarks was undertaken, set in two actual units from one of Tower B’s top floors.

“Following the structural completion of YOO8 Tower A late last year, we’re extremely happy that 8 Conlay continues to progress steadily and we have now topped out and completed the structure of YOO8 Tower B. We wanted to celebrate the structural completion differently by stirring the imagination and to present a glimpse of Kuala Lumpur as you have not seen it – from over 800 feet above the ground. Our owners appreciate the finer things in life and we wanted to iterate that by
featuring the origami bathtub – Kelly Hoppen’s signature piece in collaboration with luxury Australian bathware brand, apaiser – amidst a stunning million-dollar view,” Joanne Kua, CEO of KSK Group and Managing Director of KSK Land said.

Set to be one of Kuala Lumpur’s most desirable addresses, YOO8 serviced by Kempinski is a branded residence property associated with YOO, the world’s largest non-hotel residential brand with a demonstrable track-record for setting the bar for design, marketing and service quality.

YOO8’s twin branded residential towers feature one-of-a-kind interiors by architecture and design giants Steve Leung & YOO and Kelly Hoppen for YOO, setting a stylish benchmark in the heart of the city.

The development also features Malaysia’s first and only five-star Kempinski Hotel and a four-storey experiential retail quarters, bringing together well-curated lifestyle experiences combining exceptional hospitality and experiential dining for contemporary seekers of sophistication.

8 Conlay’s hyperlocal connectivity to many major commercial and tourism landmarks and surrounding infrastructure development such as the Conlay MRT station of the upcoming Putrajaya line will continue to promote its value as a viable prime real estate investment.

Towering over the cityscape with 56 luxurious residential floors, YOO8 Tower B features impeccable interiors by one of the world’s most sought-after designers – Kelly Hoppen CBE. Known for her trademark “East-meets-West” style and modern minimalistic forms, Kelly Hoppen’s bold modern aesthetics has accentuated luxury resorts, restaurants, aircraft, cruise ships, and even the homes of high profile celebrities.

In another significant milestone, KSK Land also announced that it has secured a buyer for 8 Conlay’s sole penthouse unit at a price of RM30 million. Perched on the 65th floor of the Kempinski hotel tower, the excited buyer was said to have decided on the 8,742 square-foot residence as it offers stellar 360-degree view of the city, Kempinski hotel services and strategic location in central Kuala Lumpur.

“We are now seeing an uptick of market interest in ultra-luxury Malaysian properties such as YOO8, from buyers at home and abroad. Locally, we’ve recorded a 10% growth in local buyers shifting the ratio from 30% to 40% in the past few years. This has been driven by disruption in international markets resulting in high net-worth individuals looking at Malaysia’s property market as a safe haven,” continued Kua.

“The demand for branded residences in Asia has remained resilient despite events in recent years. We foresee that this will continue to gain traction as the world reopens its doors to international travel,” She added.

“YOO8 at 8 Conlay continues to appeal to investors who are keen to diversify their investment portfolio with branded residences, for the project’s high built quality, integrated luxury lifestyle services and amenities and premium property management honed by Kempinski, which will ensure YOO8’s steady capital appreciation. Adding to that, its central location with hyperlocal connectivity to the city’s commercial and tourism landmarks.”

KSK Land is expecting the completion of YOO8 Tower A by early 2023 and subsequently, YOO8 Tower B by the end of 2023. This will be followed by the completion of the retail podium, expected within the first half of 2023 while the 8 Conlay Kempinski Hotel is expecting completion within the first half of 2023 while the 8 Conlay Kempinski Hotel is expecting completion within the first half ofTo date, the twin branded residence towers have achieved a sold GDV of over RM1.56 billion
(~USD355m) with YOO8 Tower A at an 80% take-up rate while Tower B at 40%.

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