· A good turn-out of 362 attendees for ENCORP’s first official launch event in Sabah
· 166 units with 2 type of built-ups ranging from 530 sq. ft. to 790 sq. ft. and priced from RM440,000
· GDV worth an estimated RM79.2 million and estimated to be completed by July 2026

KOTA KINABALU, July 17 (Bernama) -- Encorp Berhad (“ENCORP”), through its wholly- owned subsidiary, Encorp Development Sdn Bhd, is proud to announce its expansion into East Malaysia with the official launch of its highly anticipated Cahaya Kristal Residential Project. This low-density leasehold development on a 1.6 acres residential site at Bukit Kepayan, Kota Kinabalu, Sabah represents a significant milestone for ENCORP, marking its entry into the vibrant property market of Sabah, further solidifying its position as a leading developer in the region.
 
Cahaya Kristal introduces 166 units spread across a 10-storey tower block, offering a selection of 1+1 bedrooms with 1 bathroom and 1+2 bedrooms with 2 bathrooms, as well as built-ups ranging from 530 sq. ft. to 790 sq. ft. and priced attractively from RM440,000. Emphasising exclusivity and nature, most units offers either a panoramic view of the South China Sea or the serene green hilltops of Sabah’s hinterland.
 
ENCORP is also proud to announce the inauguration of its new sales gallery located at KK Times Square. Open for viewing from 9am to 6pm daily, the sales gallery provides interested buyers with an immersive experience and comprehensive insights into the project's offerings. The event was graced by Sabah's Mayor, YBhg. Datuk Noorliza Awang Alip, who conducted the ribbon cutting ceremony.
 
The event had a good turn-out of 362 attendees and the gross development value of Cahaya Kristal is estimated at RM79.2 million, with completion targeted by July 2026. ENCORP is thrilled to offer an array of valuable incentives for a limited time and selected units, including complimentary air conditioning units, complimentary fully fitted kitchen cabinets, and carparks.
 
The Cahaya Kristal key highlights include its prime location, well-connected access to amenities, transportation hubs, and educational institutions. The thoughtful design appeals to families and downsizers seeking a blend of nature, privacy, and convenience. It offers a lifestyle that encompasses various facilities like a swimming pool, roof terrace, convenience shop, laundry room, gym, and a multi-level security system. Additionally, it promotes sustainable living through energy-efficient lighting, water conservation systems, and green building materials.

 
As a responsible developer, we understand the importance of sustainable and environmentally conscious practices in our projects. We have diligently conducted comprehensive soil tests and incorporated authorities' requirements for drainage and stormwater management facilities. Furthermore, we have made it a priority to incorporate the requirements set forth by the relevant authorities to ensure that our development plan adheres to the highest standards of safety and efficiency and causes minimal risk to the surrounding areas.
 
Commenting on the official launch of Cahaya Kristal, ENCORP Group Chief Executive Officer, Encik Hazurin Harun said, “Sabah's enchanting landscape and unparalleled vistas has inspired us to create Cahaya Kristal. With our 23-year track record in West Malaysia and the exciting incentives we offer, we invite homebuyers to experience a harmonious blend of nature and convenience in this new residential project. On this new frontier, ENCORP aspires to become the choice of the people in Sabah.”
 
For additional information on the Cahaya Kristal and to explore ownership opportunities, please contact 017 819 2728 or 019 400 9868.
 
ENCORP debuted on Bursa Malaysia’s Main Board in 2002. ENCORP’s track record of delivering residential and commercial projects in Malaysia includes its Encorp Cahaya Alam residential and commercial development in Shah Alam, the mixed development and shopping mall of The Strand in Kota Damansara and the high-rise serviced apartment and commercial development of Encorp Marina Puteri Harbour in Iskandar Puteri.

About Encorp Berhad (ENCORP)
Listed on the Main Market of Bursa Malaysia (Ticker: ENCORP/6076; Bloomberg: ENCO:MK; Reuters: ENCR.KL), ENCORP is principally an investment-holding company. The Group is currently involved in three core businesses – property development, property investment and construction. For more information, visit encorp.com.my

Dated: 15 July 2023

Source: Encorp Berhad (ENCORP)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Hairizal Hosman
Head of Marketing, Sales & Leasing
Tel: 017 204 9921
Email: hairizal@encorp.com.my
 
Name: Azleen Ezane Zainuddin
AM of Marketing, Sales & Leasing
Tel: 013 355 3132
Email: azleen.ezane@encorp.com.my 

--BERNAMA