Oman real estate: New Muscat Hills complex to open soon, 93% sold


Oman real estate: New Muscat Hills complex to open soon, 93% sold

June 21, 2017 | 8:53 PM

The Commercial District comprises of 279 residential apartments, 259 of which have already been sold to owners from more than 30 countries. Photo-Supplied

 

Muscat: A major new residential project is on course to open its doors in November, the developer, Badr Investment Group, announced on Wednesday.

Developers behind one of the premier Integrated Tourism Complexes (ITCs) in the country have also unveiled plans for a luxury shopping boulevard for residents. 

“The six residential buildings currently under construction in the Muscat Hills Commercial District will provide shops along a 700-metre pedestrian-only boulevard,” said Yasir Abdul Karim of Badr Investment Group.

The Commercial District comprises of 279 residential apartments, 259 of which have already been sold to owners from more than 30 countries.

The ground floor retail area has been designed by an international retail consultant to ensure the layout and tenant mix provides all the amenities required by local residents. The anchor store will be a supermarket, with a further 23 units providing restaurants, affordable food and beverage outlets, and everyday amenities.

The Badr Investment Group is currently negotiating with retail operators to ensure that The Links provides Muscat Hills residents with all their shopping needs. Some retail units are still available for lease.

Muscat Hills is one of a handful of ITCs in Muscat, where expats can buy freehold property and benefit from a resident visa. “The project is ahead of the original schedule and will complete in November 2017, when there will be an inauguration event attended by the owners of the residential accommodation, the operators of the retail units, and selected dignitaries,” Badr Investment Group said in a statement. 

The area is being developed by the Badr Investment Group, an Omani owned and Muscat-based developer, who recently handed over an 80-apartment building in Qurum, with another 71-apartment building in Qurum due to be handed-over by the end of the year.

The construction is being undertaken by Unique Contracting, which has achieved 1,000,000 man-hours with zero accidents on-site, reflecting the firm’s stringent health and safety standards.