Name : Alex Lee
Position : Vice President and Marketing Director of Golden Land Real Estate
What is the purpose and objective of Golden City Media Tour 2018?
Media has unconditionally supported Golden City since our opening, and with this tour we would like them to be the first ones to discover the Phase 2 Golden City Showroom while unveiling our latest milestones. Our Phase 2 highend units will be handed over soon to the first customers and we want media to discover the designer units first hand.
What types of awards has Golden City received?
Golden City has recently won four awards at the PropertyGuru Myanmar Property Awards 2018, which recognizes the country’s finest developers and projects, held on August 10, 2018 in Yangon.
Golden City has been named ‘Best Condominium Development’, ‘Best Mixed-Use Development’ and ‘Best Landscape Design and Corporate Social Responsibility (CSR) Developer’ in Myanmar for its delivery of luxury real estate while contributing to the country’s economic acceleration and giving back to the community.
What are the PropertyGuru Myanmar Property Awards?
The PropertyGuru Myanmar Property Awards is part of the regional PropertyGuru Asia Property Awards programme established in 2005. With a professionally run awards system supervised by BDO, the world’s fifth largest auditing and accountancy firm, the PropertyGuru Myanmar Property Awards is the biggest and most credible industry awards in the country, with the top and emerging names in real estate celebrating the best developers, projects and design in the country.
What does Golden City’s Phase 2 include and when will it be handed over to customers?
Phase 2 has a net floor area of 55,000 square meters comprising three residential towers and featuring more modernized and refreshing designs and interior decorations.
It includes enhanced facilities such as Ever FIT Fitness Center, a swimming pool, a public kitchen and french-styled gardens.
The Golden City Showroom of Phase 2 unit, is open now for customers to observe the real living experience. The units will be handed over to customers soon.
Can you tell us about Golden City project and when was it launched in Myanmar?
Golden City is a high-end mixed-use real estate project developed in Yangon, Myanmar, by Golden Land Real Estate Development Co. Ltd, a member of ETC SINGAPORE LTD. The Golden City project was launched in March 2014 and is considered the first completed high-end condominium development in Yangon and thus, one of the leading real estate developments, representing a new landmark for Myanmar as the country’s first grand-scale, exclusive community.
What are the advantages of being located in Yankin Township?
Yankin township has an inherent advantage in its location to become an international business center. Relying on unique supporting resources, the district is clustered with star hotels, trans-national banks and business reception centers, and seamlessly connected to Yangon International Airport.
What is the current construction status of Golden City?
There are currently four towers completed and handed over (Phase 1) since October 2016. Golden City Business Center started its operations in October 2017.
Phase 2 of the project will soon be handed over to customers.
Phase 3 of the project, expected to be completed in 2019-2020, will include three more towers.
What is the current sales situation of Golden City?
We currently have sold the 80% of the Phase 1 and the 50% of the residential units from the Phase 2.
Why is Golden City a good choice for living compared to other competitors?
It is the first completed and handovered luxury condominium development in Yangon and thus, one of the leading real estate developments.
Its location in Yankin is unique, as the township is considered the new business district.
Golden City has an international standard of property management, offering high-end services and facilities. In addition, the project will also include grade A office space, hotel, high-end serviced apartments and a shopping mall on a stylish community.
When is the project expected to be completed?
The project is expected to be completed in 2019-2020.
What are the unique selling points for Golden City Business Center (GCBC) offices?
The Golden City Business Center offices offer a cozy environment with their 5-star design and decoration and their ideal dimensions for business (25 ft. intercolumniation and 14 ft. ultra-high ceiling). In addition, each area is equipped with dedicated bathrooms and advanced security systems to meet safety requirements. Unique location: Yankin Township is clustered with star hotels, transnational banks and business reception centers and seamlessly connected to Yangon International Airport.
High-end services available:
- Top-notch property consultancy services provided by Colliers International.
- High-end customized supporting facilities, such as swimming pools, gyms and high-end clubs.
- A hotel, ideal to meet needs for business receptions.
How many office spaces will be available and which sizes?
There will be 21 office units with a flexible space combination between 1,044 sq. ft to 12,755 sq. ft.
Which companies have already signed an agreement to lease an office?
Some big-name companies such CITIC and MFOCN have already signed an agreement to lease offices.