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Tritone: Luxury Real Estate

By Mimi Wu

Overseeing the sales and marketing of the US$150 million TRITONE real estate project is Chun Je Cho, Deputy Director of the Myanmar Business Development Team at Hanwha Corporation. Cho recently uprooted from his home in South Korea to live in Yangon, after working a decade in overseas construction business sites with the company, and he found time to talk about his project with InDepth.

Located at the 8 Mile Junction, TRITONE will be a trio of prestigious, mixed-use towers with five floors of world-class shopping and a multiplex cinema and sixth floor for service amenities. Within the two 30-storey towers, the remaining 24 floors will serve as residential units. The third tower, slightly smaller at 22-storeys, will house multi-function rooms.

Hanwha Corporation is a subsidiary of a far-reaching conglomerate that includes aerospace and chemical manufacturing, global construction, financial services by way of life insurance and saving banks, and leisure hotels and resorts. the company taps into Hanwha Engineering & Construction’s global experience of developing the world’s largest precast concrete plant and housing development in Iraq to luxury resorts and the largest condominium chain in Korea. The 63-year-old company understands what prestige and luxury mean and, importantly, how to achieve high standards in their projects.

What does TRITONE represent?
“Same Sky, exclusive world’; it is a totally different residential space. We present total facility service, and we have a vast shopping complex, so people can enjoy their lives. We can provide security and also convenience using technology. For example, the radio frequency identification card system makes the home more secure because only people with the card can access the residential area. It’s a very commonly used technology, and we will apply it to our parking system and lifts for residents.”

There are many completed and under-construction luxury apartments in Yangon. What sets your units apart from others?
“We still believe there is a lot of demand for high quality accommodation. We use granite stone for the exterior finishing, and double layer glass. It gives a very eternal feeling. Ours is one of the very first buildings that use stone for the exterior. Usually painted walls in Yangon get very soiled because of the rain and humidity, but this one won’t change.

We have up to three balconies per unit where people can enjoy the 360-degree view. This building will be the highest building in the area, so they can enjoy an unobstructed view. Every room also has a window, so residents can enjoy natural light and fresh air circulation. Most traditional Myanmar apartments are not like this. Many rooms don’t have windows at all.

We also installed ceiling air conditioning units in every room and kitchen. I think it’s one of the first in Myanmar. Most apartments don’t provide an AC unit and also, they are prepared with a wall mount, but ours are ceiling mounted. It’s more spacious.”

Can you tell me more about the interior design?
“We have two types of interior design concept, one is modern and one is classic. In most Yangon apartments they usually provide units that are just painted, but we are going to finish with stone. We provide many things in the base model, such as a kitchen island table, induction heating cooking heaters, top and bottom kitchen cabinets, and instant electric water heater for the bathrooms and kitchen. We also have a foyer with a built-in shoe cabinet; this is distinctive to Myanmar. The penthouse duplex will have one private Jacuzzi and an open terrace.

In total, we have 21 units per floor; each of them is different in size. The biggest one is 2,300 square feet, and the smallest one is about 1,700 square feet. They have a minimum of three rooms plus a maid’s room with a dining area, dry kitchen attached to the living room to prepare tea or light food, and a wet kitchen for all cooking.”

As Hanwha is the world’s largest solar panel producer in the world, will you utilize this green energy technology?
“We will have solar power generation on our roof to provide back-up energy for the public area and basement parking.”

Is being energy efficient and sustainable a big selling point?
“Yes, we will have a rainwater recycling system and it will be used for common areas, like the garden.

The paired glass windows are a double layer of glass to improve thermal insulation and soundproofing, and the stone exterior has a layer of air to reduce humidity. They are good for cost savings.”

Cho’s colleague, Tim Jang added more about the double layer of granite stone and glass, “They can efficiently block the direct heat from outside as the air between the two walls and glass automatically cools the temperature down, which provides you with energy efficiency.”

Tell us about your world-class services.
“The sixth floor is the service amenities floor. We have four lanes of 25-meter swimming pool with children’s swimming pool, a gym and group exercise room, indoor children’s playground, café and bar lounge. We have an indoor golf range with a screen – you can actually hit balls in there.

We have a 100% backup generator of 25,000 kV that will work automatically when there is blackout. We also have a private lobby for residential towers and five floors of basement level parking, which will be the first in Yangon.
Every unit will have one parking space.”

Currently, TRITONE is in its early construction phase and plans to officially break ground in November 2015. Their sales gallery with three mock-up units will open in the near future.

This article was previously published in MYANMORE’s monthly lifestyle magazine, InDepth #12, October 2015.


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