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E&O Introduces AVÉA Seaside Residences on Andaman Island
🇲🇾 Malaysia /Economy & Trade

E&O Introduces AVÉA Seaside Residences on Andaman Island

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Eastern & Oriental Berhad (E&O) launched AVÉA, a new phase of seaside serviced residences on Andaman Island.
  • The development features 1,080 freehold serviced apartments, with prices starting from RM724,000.
  • Tower A of the project, launched in December 2024, has already achieved a 65% sales rate, indicating strong buyer confidence.

Property developer Eastern & Oriental Berhad (E&O) has introduced AVÉA, the latest phase of its seaside serviced residences located on Andaman Island. This new development offers 1,080 freehold serviced apartments, with prices commencing at RM724,000.

Kok Tuck Cheong, E&O's Managing Director, highlighted the strong market reception for the project. Tower A, which was launched in December 2024, has already seen a 65% sales rate. Cheong stated that this achievement reflects robust buyer confidence in the long-term prospects of the Andaman Island development.

The project is being developed in phases, with further details on upcoming components to be released. The launch of AVÉA signifies E&O's continued investment in developing prime real estate, particularly in waterfront locations that appeal to discerning buyers seeking both lifestyle and investment opportunities.

DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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