PacifiCity, Super-City @ Likas Bay
Likas, Kota Kinabalu, Sabah
From RM229,614 - RM2,209,168

 

Set to be the largest commercial development in Kota Kinabalu, PacifiCity will fuel Sabah’s economic activities and raise the bar of commercial development in the state.
There is excitement brewing in the heart of Sabah involving a 25-acre site owned by the Sabah Civil Service and Recreational Council in Likas Bay, which began as KK Megamall more than 10 years ago.
After a rather rough start, the site is now buzzing with activity as construction charges ahead with a refreshed design and concept brought on by the project’s new shareholders. Pacific Sanctuary Holdings Sdn Bhd, led by Kuok Khoon Ping, have breathed new life into the development with a grand vision for a robust lifestyle development.
Anchored to be Kota Kinabalu’s ‘biggest shopping and entertainment attraction’, the development will make its debut as PacifiCity – a world-class micro-city lifestyle hub that goes by the motto ‘Live, Work, Learn, Play, Shop and Dine’.
With a strong commitment to deliver value and raise Sabah’s stake in the regional economy, the team at Pacific Sanctuary Holdings is dedicated to creating an outstanding integrated commercial cum residential hub that will live up to the maxim of ‘A City Within The City’.
A Lavish Lifestyle

PacifiCity brings to Kota Kinabalu, Sabah, a refreshing new enclave of retail, entertainment, leisure and residential experiences. The main podium offers over 750 retail stores and 200 F&B outlets spread across three floors, covering 1.5 million sq ft in the first phase.
The retail podium is surrounded by 15 ID Towers that are five to 11 storeys high. The towers serve as unique venues for high class retail & dinning experiences, entertainment hubs, office suites and several grades of hotel accommodation. Above the retail podium are two parking levels providing bays for 3,000 vehicles and above that is a vast recreational deck.
The recreational deck offers a mesmerising compendium of facilities that include one of Malaysia’s largest resort swimming pool, alfresco dining outlets, a fitness centre, function rooms and other common facilities. The deck will serve residents and members of the PacifiCity Club.
Rising from this deck are three residential towers, housing luxury units that speak of distinction and affluence. Accessed by signature lobbies with stringent security measures in place and top-class residential management, the residences will feature sprawling and luxurious units measuring from 1,000 sq ft to 6,000 sq ft in size – fully furnished and fitted with quality appliances and finishing.
The residential units, which are already attracting scores of local residents and foreign buyers looking for a weekend getaway, will be launched in stages over the next few months.
The 750 retail units at PacifiCity measure approximately 50 sq ft to 10,000 sq ft, whilst the small office suites measure between 300 sq ft and 1,200 sq ft. The development offers an unrivalled view of Likas Bay, the wetlands and the picturesque wonder of Mount Kinabalu.
Fronting main access roads, off Jalan Tun Fuad Stephens and Jalan Istiadat, whilst facing the Sabah Trade Centre, PacifiCity is an ideal location for business and residential purposes. The development is also within a stone’s throw from the Likas Sports Centre and the new Convention Centre, located just a few hundred yards away.
Excellent Growth Horizon

Under Pacific Sanctuary Holding’s redesign and rebranding exercise, retail units were put up for sale. Due to overwhelming response, more than 80% of retail units on the lower ground floor have been sold to date.
PacifiCity is retaining the entire upper ground floor and first floor in an effort to maintain primary control over the management of the mall. The complex will be managed by industry stalwart CB Richard Ellis (CBRE).
Based on current property prices and rental yield, PacifiCity is expected to offer excellent rental yields of between 12% and 18%. It will serve as a major nerve centre to neighbouring residential estates such as the affluent Signal Hill, Likas, Bayshore, the Peak, Damai, Lintas, Hilltop and Foh Sang.
With its excellent location just outside the central business district of Kota Kinabalu and on the fringes of an affluent catchment area, PacifiCity has all the ingredients of a success story in the making.
PacifiCity is set to make its official debut in June 2013, where the developer will be revealing the complete blueprints for the projects and begin the sale of the residential units. Buyers are also welcome to place bookings for the retail units at the launch, which is expected to receive overwhelming response.


 

INDEX : Kota Kinabalu  October 22, 2015 10:19:50 PM

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