GUANGZHOU, China, Nov. 26, 2018 /PRNewswire/ --
Highlights:
GSH Corporation is introducing its ocean-front residential project, Coral Bay to homebuyers in Guangzhou, China. Coral Bay is a 460-unit luxury condominium nestled within the gated community of Sutera Harbour Resort, in Kota Kinabalu, Sabah and facing the South China Sea.
The development sits on 50,000 sqm of land and comprises eight 12-storey residential towers, featuring two- to four-bedroom units from 140 to 325 sqm; dual-key units from 186 to 465 sqm; and penthouses from 325 to 836 sqm. Prices start from RMB 4 million.
The development is designed by Singapore-based Swan & MacClaren, taking inspirations from the ocean's coral reefs teeming with marine life. Built on a diamond-shaped site, the residential towers are positioned like twin dragons setting out to the sea.
Upon entry, a grand cascading waterfall frames the development's main entrance, creating an awe-inspiring sense of arrival. When one approaches the drop-off zone, one will be stunned by the way Coral Bay's water features, pools and verdant landscaping fuses with the azure seascapes.
Coral Bay's strategic location also made its properties a sound investment for homebuyers. With just 10% down payment, homebuyers can now place their bookings for Coral Bay and be exempted from value-added tax in the first four years. The property's fixed value appreciation is at 7% each year, and at 5% minimum each year with rent. Committed homebuyers will also be eligible to immediately apply for Malaysia's My Second Home (MM2H) program.
Located next to Sutera Harbour's five-star Magellan Sutera Resort, Coral Bay is in Kota Kinabalu's city centre where the largest lifestyle malls, food and beverage outlets, private medical centres as well as international schools including Kinabalu International School (KIS) and Sayfol International School, are within easy reach.
The development sits on the most coveted parcel of seafront land in the heart of Kota Kinabalu, with a view of the South China Sea and the islands that form part of the Tunku Abdul Rahman Marine Park at its doorstep.
Consistent with its distinct marine theme, Coral Bay boasts a stretch of soft-sand beach that is about 100m in length, as well as the city's first water-themed play park nestled within its grounds. Customers who place a RMB20,000 booking fee before 31 December 2018 will be entitled to a free 3-day, 2-night trip to Kota Kinabalu, Sabah from Guangzhou, China (terms and conditions apply).
Sales for Coral Bay has now commenced for buyers in Guangzhou, China. For more information, please visit https://coralbay-sutera.com.
