PETALING JAYA: Melbourne property developer Beulah, together with investment partner Tan Sri Kong Hon Kong via his investment vehicle KHK Group, registered record-breaking single-day sales worth RM1.2bil for their AU$2.7bil (RM8.5bil) development, STH BNK By Beulah.

       In a joint statement yesterday, Beulah and KHK Group said buyers flocked to the official launch of STH BNK By Beulah on Saturday to purchase their preferred apartment.

       The parties said they had received over 700 registrations throughout the expression of interest campaign, with buyers required to put down a RM15,000 deposit to reserve their spot.

       “The RM1.2bil sales include a record-breaking RM110mil sub-penthouse, which is now Melbourne’s most expensive apartment to date, spanning 10,800 sq ft across an entire floor and featuring double-height ceilings.

       “The buyer, whose identity remains confidential, is choosing to customise the apartment as part of STH BNK’s tailored living offering with the number of bedrooms and baths yet to be confirmed.”

       Beulah managing director Jiaheng Chan said the demand experienced on the first day of launch far exceeded any expectations, with buyers eager to own a slice of Australia’s most talked-about project.

       “We are overwhelmed by the support shown by the public who understand our vision for STH BNK By Beulah.

       “We had all types of buyer demographics come through the sales suite on the weekend, from first home buyers through to large families.”

       Chan emphasised that the launch day was buzzing with buyers lining up and eager to be the first to choose their preferred apartment.

       “Many were saying the opportunity to have the world at their feet was too good to pass up.

       “We successfully sold out Stage 1 and had to bring forward Stage 2 to cater to buyer demand.

       “They will have access to world-class amenities and offerings not yet explored in Australia, a mini-metropolis that truly is the next evolution of living.”

       Chan noted that “to achieve a result like this” off the back of the pandemic was unprecedented and a huge vote of confidence in both the project and the Melbourne central business district.

       KHK Group chairman Kong said the single-day sales record was unprecedented.

       “I have never seen anything like this, RM1.2bil sales in a single day is unprecedented.

       “We are very thankful for the support given to us by the Australian public.

       “We cannot wait to offer this to the Malaysian public at the end of May, with our Stage 2 exclusive release.”

       The highest sales were attributable to three-bedroom apartments with prices starting from RM4.66mil, followed by two-bedroom and one-bedroom, starting from RM2.57mil and RM1.96mil respectively.“A number of purchasers bought multiple apartments within the Sky Rise collection with plans to amalgamate them to create sprawling apartments in the sky,” Beulah and KHK Group said.