MPO launches the Apex Collection at The Waterside
May 2011 | Macau Property Opportunities Fund Limited

MPO launches the Apex Collection at The Waterside
Five premier residences launched on the back of strong leasing demand in Macau

Macau Property Opportunities Fund Limited, managed by Sniper Capital Limited, announces the launch of the Apex Collection – five premium units located on the highest floors of its luxury residential leasing asset, The Waterside at One Central Residences, Macau.

The Apex Collection consists of three simplex and two duplex units – each spanning over 4,000 square feet and featuring their own private sky terrace with spectacular views of the Nam Vam Lake. The units collectively constitute 16% of the total gross floor area of The Waterside.

These deluxe apartments showcase the work of Yasumichi Morita, the award-winning Japanese designer, who was specially commissioned to design the flagship duplex show suite.

Capitalising on the current strong demand for quality rental accommodation in Macau, two simplex units have already been leased at HK$140,000 (c. US$18,000) per month or HK$30 (c. US$3.80) per square foot per month. This follows strong ongoing momentum in the leasing of the project’s 54 standard apartments, which are now 63% occupied.

David Hinde, Chairman of MPO said: “MPO has further raised the standard of luxury living in Macau with the launch of the Apex Collection apartments. The strong initial leasing performance follows the trend seen with our standard apartments and confirms the increasing demand for true luxury rental accommodation in Macau.”

Further details
Since its launch a year ago, The Waterside has rapidly established a new level of luxury for leased accommodation in Macau, with the project achieving record rental levels in the territory. To-date, over 60% of the property’s gross floor area has been successfully leased to an international clientele.

About The Waterside and One Central Residences
Occupying the entire Tower Six in One Central Residences, The Waterside consists of 59 apartments including two duplexes and three simplexes. Unit sizes range from 2,270 square feet for a standard three-ensuite unit to 4,740 square feet for a duplex with balcony.

MPO acquired the entire residential tower off-plan in 2006 and upon handover in 2009 further enhanced the apartments to world class luxury standards.

Apartments feature exclusive interior designs and furnishings by Japanese designer Yasumichi Morita and are luxuriously appointed with top-of-the-range appliances. Residents are offered flexible leasing packages in addition to tailored services.

www.watersidemacau.com