“There’s no better time to invest in property in Ipoh than now in view of the rising cost of development. And to celebrate the official launch of TINTower, buyers from now till February 14 will enjoy a guaranteed return of 7 per cent per annum for three years on the purchase price, instead of 5.5 per cent,” said Dato’ Poo Tak Kiau, Managing Director of Amber Synergy Sdn Bhd, during the launch of his company’s signature development project in Falim on Friday, January 17.
Over the past 18 months, projects by the developer’s group of companies have seen an appreciation in value from at least 10 per cent up to 60 per cent.
TINTower, the second phase of the RM500 million integrated mixed development project in Falim known as TINCity, is a block of building with two wings known as Oxford and Cambridge, named so because Falim House, the heritage mansion just a stone’s throw away, had produced a dozen graduates from these two Ivy League universities.
As the first ever SoVo (Small Office Versatile Office) in Ipoh South, the 26-floor TINTower, which is scheduled for completion by end 2017, will have 538 units of suites ranging in size from 765 sq. ft. to 1587 sq. ft. It will be equipped with a 4-tier security system to ensure the safety of its residents.
Catering to city as well as resort living, TINTower will offer a range of facilities on its 7th floor, such as an infinity pool, gymnasium, sauna, mini theatre, BBQ area and a function garden.
Built on 25 acres of freehold land, TINCity is located between Ipoh town centre and Menglembu. It takes approximately 3 minutes to drive to the town centre, 5 minutes to Ipoh Railway Station and 7 minutes to Greentown Business Centre. Schools and other public amenities are located nearby.
The first phase of TINCity, comprising of 61 units of 3 and 4-storey commercial shop lots, will be ready by July 2014. The new 1 km long, 132 ft alternative parallel access road that cuts across TINCity will also be ready by then. The road will ease the traffic at Jalan Lahat, which currently has an average traffic volume of over 3000 vehicles per hour during peak periods.
The next phase of development of TINCity would be the hypermarket. The iconic Falim House, a point of contention with many heritage buffs, will be refurbished and converted into a likeable boutique hotel forthwith.
During the launch of TINTower, three charitable organisations, namely the Perak Palliative Care Society, Perak Association for Intellectually Disabled and Yayasan Sultan Idris Shah, received donations of RM10,000 and RM20,000 from the developer.
Meanwhile, visitors had the opportunity to win prizes worth a total of RM20,000 through lucky draws and a “Count the ping pong balls” contest.
In conjunction with the launch, Amber Synergy Sdn Bhd organised Cantonese opera performances for five nights at its TINCity project site. Internationally renowned opera troupe from Hong Kong, the Jing Yan Chinese Opera Troupe, performed to appreciative crowds.
TINCity show gallery in Falim is open for viewing daily from 10am to 6pm. For enquiries, call 05 282 7888.