MUSCAT: The Wave, Muscat has sealed a OMR16.2 million contract with Al Turki Enterprises, a company with 35 years of local and international industry experience, for the construction of 99 villas known as Reehan Residences.
The agreement was signed by Hawazen Esber, chief executive officer at The Wave, Muscat and Devki Khimji, executive director at Al Turki Enterprises at a special ceremony held at The Wave, Muscat.
Awarding the contract, Esber said, “Reehan Residences, is one of our greenest precincts in the master plan and with 90 per cent sold out following the launch in June 2014, we are now ready to award the delivery of this precinct.”
“We have noticed growing demand for luxury product in the market and we have responded by launching Reehan Residences last year and Marsa Gardens this month and there are a number of other new releases planned throughout the year. Reehan Residences included our first ever courtyard homes — which sold out completely — and a central community swimming pool and recreation area exclusive for Reehan residents,” he added.
Esber said that Al Turki brings more than 35 years of local and international industry experience to The Wave, Muscat and have a record of quality delivery. “Al Turki Enterprises has already been responsible for key projects in our master-plan including over 600 villas and townhouses and 550 apartments and continue to add value to the project through efficient building techniques and onsite management.”
“We have been entrusted by The Wave, Muscat to construct one of their most popular residential offerings and we are excited to be a construction partner throughout this leading development. As a premier solutions provider for key projects in Muscat, our qualified workforce aims to provide world class construction techniques to ensure on time delivery to the highest standards,” Devki Khimji said.
The first stage of construction will include a four villa display village to showcase the new designs which will also be part of future villa releases at The Wave, Muscat.
