Kanopi Residences reaches structural completion, nears 90% take-up
Translated from Malay, summarized and contextualized by DistantNews.
At a glance
- Sime Darby Property's Kanopi Residences in Elmina City Centre has reached its maximum structure height, nearing its Q3 2027 completion target.
- The 36-story project, with a gross development value of RM299 million, has achieved a 90% take-up rate since its launch in late 2024.
- The development emphasizes a 15-minute city concept with extensive amenities and green living, located near major highways and a large park.
Sime Darby Property's Kanopi Residences, a high-rise development in Elmina City Centre, has achieved a significant construction milestone with its topping-off ceremony, marking the completion of its maximum structure height. This achievement brings the project, valued at RM299 million, closer to its targeted completion in the third quarter of 2027.
Kanopi Residences, the first high-rise residential project by Sime Darby Property in the 350-acre Elmina City Centre, part of the larger 6,500-acre City of Elmina master plan, offers 499 units. These units range from 550 to 1,200 square feet, designed to appeal to young professionals, first-time homebuyers, and new families. Since its launch in the fourth quarter of 2024, the project has seen an impressive 90% take-up rate, indicating strong market demand.
Appollo Leong, Chief Operating Officer of Urban Redevelopment at Sime Darby Property, highlighted the project's timely progress and commitment to quality. "More importantly, it reflects Sime Darby Property's commitment to delivering quality development on schedule, as well as fulfilling the trust placed in us by buyers," he stated. The development aligns with Sime Darby Property's vision of creating a 15-minute city, where essential amenities like commercial centers, schools, and transport links are easily accessible by foot or bicycle.
Strategically located approximately 300 meters from Elmina Lakeside Mall and offering convenient access to the Guthrie Corridor Expressway and Damansara-Shah Alam Elevated Expressway (DASH), Kanopi Residences also provides residents with walking access to the expansive 300-acre Elmina Central Park. The development boasts over 35 wellness-themed facilities, including unique 'in the sky' amenities like a co-working space, lounge, and fitness center, all inspired by the nearby Bukit Cherakah Forest Reserve.
More importantly, it reflects Sime Darby Property's commitment to delivering quality development on schedule, as well as fulfilling the trust placed in us by buyers.
Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.