Sky House BSD+ Launches Final Esplanade Tower Targeting Residential and Investment Markets
SKY House BSD+ has launched Esplanade Tower, the final tower in the apartment complex located approximately 100 metres from AEON Mall BSD City. This launch marks the concluding phase of the project’s development after the six preceding towers recorded a sales rate of around 98 per cent. Esplanade Tower is designed with a modern residential concept integrated with commercial areas, green open spaces, educational centres, and the digital business district within BSD City. The tower will also be directly connected to the Sky Garden, one of the main facilities for residents. Head of Sales and Marketing for Sky House BSD+, Tan Aries Wijaya, stated that Esplanade Tower represents the last opportunity for the public to own a unit in the Sky House BSD+ area with such a strategic location. ‘Esplanade Tower is not just the launch of a new tower, but also the final chance to own a unit in Sky House BSD+’s strategic location. With a strong track record of rental performance in previous towers, we anticipate Esplanade Tower will be one of the products with the highest demand, especially as this is the only tower offering studio units situated around 100 metres from AEON Mall BSD City,’ he said. According to Tan Aries, the launch of Esplanade Tower coincides with BSD City’s projected development into a Special Economic Zone (KEK) based on research, digital economy, technology, education, health, and creative industries. The area’s development is expected to increase both housing needs and demand for apartment rentals. Esplanade Tower features a mixed-use concept combining apartments, small office home office (SOHO) units, and retail space within a single complex. Residents will also gain access to various facilities, including a swimming pool, fitness centre, sauna, meeting rooms, video room, book bar, and sky garden. From an investment perspective, Sky House BSD+ claims its project is showing positive performance. The occupancy rate has reportedly reached over 80 per cent, with more than 4,000 residents. Furthermore, based on the performance of previous towers, studio units in Leonie Tower and Kensington Tower are estimated to provide a return on investment (ROI) of approximately 9 per cent per annum. Management believes Esplanade Tower has even better prospects due to its strategic location near AEON Mall BSD City, supported by the presence of educational hubs, business centres, and continuously developing lifestyle facilities. In addition to apartment units, Esplanade Tower also offers a limited number of SOHO units and two-storey retail spaces. These products are aimed at investors and business owners looking to capitalise on the growth of economic activity in BSD City. Through the launch of this final tower, Sky House BSD+ hopes to meet the community’s need for modern housing while providing long-term property investment options in the growing BSD City area.