CPI Land, a boutique developer, will introduce two new real estate projects next year under the names Residensi Dian II and Tuan Series III, following the success of its earlier developments, Dian Residency and Tuan 2egacy.
Residensi Dian II offers a modern, contemporary, luxurious atmosphere, with centuries-old Balinese-inspired architecture.
The project will have 748 serviced apartments and 14 commercial. It is earmarked to be completed in 2026.
The company's director, Chung Shan Tat, said that Residensi Dian II has a remarkable booking rate of 80 per cent.
The Tuan Series III, the third instalment in the Tuan series, is expected to build on the success of Tuan Residency and Tuan 2egacy.
Chung said homebuyers can expect more distinctive Colonial and Peranakan-themed residences with excellent value in terms of quality and price.
The upcoming Tuan project is a transit-oriented development (TOD) located within 300-meter radius to the Segambut KTM Station.
The project, which is situated on 3.9 acres of freehold property, is anticipated to be launched in the fourth quarter of 2023, according to Chung.
In the last 12 months, CPI Land has demonstrated excellent performance.
The company first handed over its fourth project, Kerian Links in Taman Rainbow, in December 2021. Its fifth project, Dian Residency, got a 98 per cent take-up rate.
In the fourth quarter of 2021, the company unveiled its sixth project, Tuan 2egacy, and within six months, it had sold out completely.
CPI Land recently won the People's Choice Award and the Best Boutique Developer awards at the 9th PropertyGuru Asia Property Awards Malaysia.
Chung said the team is extremely honoured and pleased to be recognised for its overall efforts as a company.
"We have always taken pride in delivering a sophisticated lifestyle that is affordable for Malaysians, ensuring that each of our developments are carefully curated and uniquely innovated to be sustainable for our homeowners and the community surrounding it," he said.
Beyond offering homes to its customers, CPI Land also gives back to the communities in which it operates. One example is the building of a DBKL multi-purpose hall next to Tuan Residency and the provision of aid to the less fortunate in the area surrounding its construction.
"We are humbled, that despite the volatile past three years, our achievements have been very encouraging, considering the restrictions and economic situation in place. With these awards as a testimony to our commitment, we will continue to grow and innovate as we strive to deliver the perfect home to our customers," Chung said.