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Twin 36 storey condos beside Empire Tower!
From The Star
http://www.star-space.com/stories/story.asp?artfolder=news&file=archives/news/2004/12/17/ap171204
AP Land to start RM220m project
ASIA Pacific Land Bhd (AP Land) is looking at a gross development value of over RM220mil for its latest Myhabitat premier serviced residential project in Jalan Aman, Kuala Lumpur.
The project, which is beside the integrated mixed development comprising Empire Tower, Crown Princess Hotel and City Square, will take about three years to complete.
To be developed by AP Land's subsidiary Aman City Hotel Sdn Bhd, Myhabitat will consist of twin 36-storey blocks with 304 units, of which eight are penthouses.
AP Land executive chairman Low Gee Tat said construction of the project on a 0.5ha freehold site would begin in the first quarter of next year.
He said the units, with built-up areas ranging from 893 to 4,650 sq ft, would be launched in February while three of the show units would be ready for viewing by mid-January.
''From property development and property investment, it is a natural progression for us to develop serviced residences in the heart of the city to support the commercial development,'' he told a press conference in Kuala Lumpur yesterday.
Low said Myhabitat's selling points included competitive pricing from RM511 per sq ft, freehold prime location in the city centre which would provide good opportunity for capital appreciation, and functional and aesthetic architectural features.
He said there would be maximum privacy because only two units would share one lift lobby while all corner units would have their own private lobbies, special 24-hour security and optional laundry and housekeeping services.
Recreational facilities would include a lap and plunge pool, children's pool, sun and pool deck, poolside terrace, squash court, gymnasium, multi-purpose hall and children's playground, vertical landscape garden, bistro cafe and specially designed kitchens including electrical appliances like microwave ovens and fridges.
Low said AP Land was offering competitive pricing to broaden its target market. ''We are eyeing local and foreign buyers with monthly household incomes of RM10,000 and above,'' he said.
On the expected take-up rate, he said: ''So far, the take-up rate for properties in prime areas in the city is pretty bullish. We expect good response in a short period based on the number of enquiries from our business associates alone.''
Aman City Hotel group marketing, sales & business development senior manager Vincent Tang said there was good demand for serviced apartments in the city, particularly those developed on freehold land.
''Serviced apartments have been getting hot again since last year. I believe it's the right time to enter the business since there is only a handful of players in the city,'' he said, adding that properties in the heart of Kuala Lumpur were hot buys within the South-East Asian region.
He added that properties within the Golden Triangle and Kuala Lumpur City Centre had appreciated by at least 30% from six years ago.
From The Star
http://www.star-space.com/stories/story.asp?artfolder=news&file=archives/news/2004/12/17/ap171204
AP Land to start RM220m project
ASIA Pacific Land Bhd (AP Land) is looking at a gross development value of over RM220mil for its latest Myhabitat premier serviced residential project in Jalan Aman, Kuala Lumpur.
The project, which is beside the integrated mixed development comprising Empire Tower, Crown Princess Hotel and City Square, will take about three years to complete.
To be developed by AP Land's subsidiary Aman City Hotel Sdn Bhd, Myhabitat will consist of twin 36-storey blocks with 304 units, of which eight are penthouses.
AP Land executive chairman Low Gee Tat said construction of the project on a 0.5ha freehold site would begin in the first quarter of next year.
He said the units, with built-up areas ranging from 893 to 4,650 sq ft, would be launched in February while three of the show units would be ready for viewing by mid-January.
''From property development and property investment, it is a natural progression for us to develop serviced residences in the heart of the city to support the commercial development,'' he told a press conference in Kuala Lumpur yesterday.
Low said Myhabitat's selling points included competitive pricing from RM511 per sq ft, freehold prime location in the city centre which would provide good opportunity for capital appreciation, and functional and aesthetic architectural features.
He said there would be maximum privacy because only two units would share one lift lobby while all corner units would have their own private lobbies, special 24-hour security and optional laundry and housekeeping services.
Recreational facilities would include a lap and plunge pool, children's pool, sun and pool deck, poolside terrace, squash court, gymnasium, multi-purpose hall and children's playground, vertical landscape garden, bistro cafe and specially designed kitchens including electrical appliances like microwave ovens and fridges.
Low said AP Land was offering competitive pricing to broaden its target market. ''We are eyeing local and foreign buyers with monthly household incomes of RM10,000 and above,'' he said.
On the expected take-up rate, he said: ''So far, the take-up rate for properties in prime areas in the city is pretty bullish. We expect good response in a short period based on the number of enquiries from our business associates alone.''
Aman City Hotel group marketing, sales & business development senior manager Vincent Tang said there was good demand for serviced apartments in the city, particularly those developed on freehold land.
''Serviced apartments have been getting hot again since last year. I believe it's the right time to enter the business since there is only a handful of players in the city,'' he said, adding that properties in the heart of Kuala Lumpur were hot buys within the South-East Asian region.
He added that properties within the Golden Triangle and Kuala Lumpur City Centre had appreciated by at least 30% from six years ago.
