(From left) Jalin Realty International CEO Chen and Lend Lease’s Coughlan.
The partnership between global real estate consultancy Jalin Realty International and world renowned property developer Lend Lease was further cemented with the launch of the auspiciously named 888 Collins St., Melbourne development in Australia which symbolizes the tripling of fortunes.
“Ambitious in execution and extravagant in vision, we are honoured to present 888 Collins St. to our fellow Malaysians. Being the sole marketing agent for Lend Lease in South-east Asia, we share the same beliefs with Lend Lease.
“We’re establishing our partnership on a solid foundation to enhance people’s lives through creating and presenting carefully articulated quality developments,” said Jalin Realty International chief executive officer Ian Chen.
The auspicious address is set to become Victoria Harbour’s tallest tower, evoking style, status and security that offers the finest in inner city living with wide promenades fronting the shops, cafes, restaurants and parks.
Additionally, the famous designer Collins Street shops are also just a short walk or tram ride away.
Designed by internationally acclaimed architects Woods Bagot and developed and constructed by Lend Lease, 888 Collins St. offers sweeping views of Victoria Harbour in Melbourne’s CBD (central business district), the Bolte Bridge and Port Phillip Bay.
Across the road is Dock Square Park, a 3,500sq m (37,674sq ft) open area with a children’s playground and deck area for sitting, reading or enjoying a cuppa.
Next to it is Australia’s most technologically advanced library and community centre with performance theatres, music recording studios, a gaming centre and an art gallery named the Library at The Dock.
Lend Lease development state manager of Victoria Apartments Ben Coughlan said that 888 Collins St. is an unsurpassed development for Melbourne that has something for everyone.
“888 Collins St. offers the best of both worlds as it is built right at the corner where Bourke and Collins Streets – two of Melbourne’s most iconic and busiest streets – meet.”
“With a 3% to 4% vacancy rate in the world’s most liveable city, Melbourne is one of many cities with high rental yield and capital appreciation which is also an education hub for international students attracting migrants and investors. It therefore catalyses the burgeoning trend of overseas property investments among Malaysians in diversifying their property portfolio,” added Chen.
Apartments are priced from AU$398,000 (RM1.17mil) for a 50sq m (538sq ft) one-bedroom apartment.
There are also million dollar luxury penthouses with views of the new Dock Square park and the harbour.