Savills appointed exclusive selling agent for new ITC development
Located in a strategic position within The Muscat Hills master development, Boulevard Tower is set to become a strategic address in the rapidly emerging ‘New Downtown’ area of Al Irfan
MUSCAT: Savills, the leading global real estate company, was appointed the exclusive selling agent for Boulevard Tower at Muscat Hills.
Located in a strategic position within The Muscat Hills master development, Boulevard Tower is set to become a strategic address in the rapidly emerging ‘New Downtown’ area of Al Irfan.
Boulevard Tower occupies a prime location at The Boulevard, the 655-metre-long pedestrianised project at Muscat Hills. With a variety of apartment complexes, shopping malls and commercial head quarter buildings, the location will offer an exciting vibrancy yet have the peace and tranquility of Muscat Hills Golf Course on its doorstep.
Comprising 165 apartments with ground floor shopping and restaurants, Boulevard Tower will boast a broad variety of apartments, from one to three bedrooms at competitive price levels, setting a new benchmark for affordable luxury. Quality communal areas, swimming pool and lush garden areas will give the building a resort like ambience and most apartments have expansive balconies overlooking the greens of Muscat Hills and beyond.
Boulevard Tower has full ITC status allowing all nationalities to own on a freehold basis with associated rights of residency.
Shiji Thomas, head of Sales at Savills Oman on this appointment commented, “We are delighted to be bringing this new development to the market in the near future. We know there is an, yet unabated demand for quality apartments in this location at the price level we shall launch at. Once released for sale, we are confident that Boulevard Tower will gain a position as one of the most sought after new ITC developments in the rapidly emerging area of Muscat Hills.
“There is a sustained demand for competitively priced housing within the ITC developments in Oman. We shall be launching apartments at Boulevard Tower from below a price of OMR60,000 and taking into account the pre- interest we have already received, are confident of swift sales."
K. S. Subromoniyan, CEO of ASAS Oman, the Group holding company for the development of Boulevard Tower said, “Savills have a proven track record of being able to reach the buyers of properties in the ITC segment.
"They know and understand the discerning requirements of both Omani and overseas buyers and have been instrumental in ensuring that Boulevard Tower’s design and finishes meet these requirements.
"We believe Boulevard Tower will provide the opportunity for many more investors to enter the important segment of real estate in the Omani economy, one which is likely to show significant growth in the years ahead."