Malton

KUALA LUMPUR (March 1): Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.

“The serviced apartments will be priced above the average RM855 psf set by the previous phase that was soft launched last year,” she told TheEdgeProperty.com.

The final phase will comprise two towers of luxury serviced apartments with a dedicated sky bridge to the Pavilion Bukit Jalil mall.

The number of units, built-ups and layouts have not been firmed up, but the developer will take into account factors such as the surprising popularity of larger units – including the dual-key units of the previous phases.

The previous phase, named The Park Sky Residence, had built-ups of 868 sq ft to 1,565 sq ft and its homes were priced from RM714,000 to RM1.5 million.

Buyers of the property who spoke to TheEdgeProperty.com said they bought the units due to their proximity to the 80-acre Bukit Jalil recreational park as well as the Pavilion Bukit Jalil mall.

Lim Soon Wee, a 46-year-old chief financial officer who bought a 1,100 sq ft unit, said he was intrigued with the concept of the development, which features a mall with a well-known brand and boasts lush greenery.

“I bought one because my daughter may be studying at the SJK (C) Lai Meng nearby. If I like it, I may even move in when I retire,” he said.

Meanwhile, a 45-year-old accountant named Lau said she and her husband bought a dual-key unit – which has the largest built-up – because they were looking for a big unit, which also allows them to host their family visiting from other states.

“I have been eyeing this area since the court case (involving joint-venture partner Ho Hup Construction Co Bhd which was settled out of court in 2012). I like the development because of the park – we work very late so if there’s a park nearby, we have time to exercise and it saves time – and the mall.

Besides the mall and serviced apartments, Bukit Jalil City also comprises 112 units of “Signature Shop Offices” and 44 units of “Park Point Shop Offices”.

Interested in property investments in Bukit Jalil after reading this article? Click here to check out the properties there.

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