YTL Land & Development Berhad recently completed their first ever and only commercial hub in the highly popular Pantai Hillpark address. Centrio features a mix of duplex SOHO (small office / home office) suites, boutique offices and trendy retail stores in a 90-acre urban renewal development.
According to Karen Tan, its Customer Relations Manager, prices of the property had almost doubled since its launch December 2006. Launched at RM280 per sq ft and RM350 per sq ft for the SOHO suites and boutique offices respectively, they are now valued at RM600 per sq ft with current rental rates of between RM3.00 - 3.50 per sq ft.
Centrio is expected to see rising demand due to an immediate catchment of more than 10,000 from the surrounding Pantai Hillpark area.
