KUALA LUMPUR: Mulpha Land Bhd is looking to roll out several new projects within six to eight months starting with Enclave Bangsar in the high-end suburb of Bangsar, Kuala Lumpur.
The build-then-sell residential development offering only seven exclusive bungalows was previewed yesterday to invited guests.
“Enclave Bangsar’s design concept is based on the Japanese principle of Oku or layering of inner spaces, like that of an onion. For example, there are trees of different heights and layers for screening and landscape purposes.
“Outside the houses is an ‘envelope’ with vertical screens for privacy and security, then there are the windows, the railings, the blinds and so on, all linked to this layering concept,” Mulpha Land deputy CEO Ronn Yong said in a recent interview. Mulpha Land is a subsidiary of Mulpha International Bhd.
The project has an estimated gross development value (GDV) of RM94 million and sits on a 1.54-acre freehold site a short distance from Tivoli Villas condominium on Jalan Medang Tanduk in Bangsar. The homes are ready for owners to move in. At time of print, two units have been sold.
With price tags in excess of RM13 million, word of mouth is helping make this project known among the high net worth individuals who want a secure home for their family. Each 3-storey bungalow comes with a lift, light fittings, air conditioning units, a generator set and a fitted-out kitchen. It also comes with a swimming pool. The land area for each home ranges from 6,588 to 8,008 sq ft with built-up from 7,969 to 9,100 sq ft.
The development features 24-hour security with guards and CCTV. All vehicles entering the compound are recorded on video. Yong said the entrance is designed to ensure that only one car can enter and exit at any one time for better security. Every home is equipped with a security system and a smart key system.
|Yong: Every home is equipped with a security and a
smart key system.
“The smart key system has an embedded chip that can be programmed to record when the owner enters and exits the unit. It can also be used to access all the main entrances into the house. You can even programme it to bar people from entering the house at certain times,” he said.
Each unit has space on the ground level to park six cars. All the houses are connected by a linear garden deck on the first level, thus shielding the ground level car porches cum entrances from outside view. Yong said this is a privacy element where neighbours will not know who is entering and exiting the compound.
The ground level of each bungalow has an audio-visual room, games room and gym. There is also a bedroom on this level.
A generous use of glass for the first level offers views of the garden deck while letting in plenty of natural light. Each room although spacious does not feel overwhelmingly large. Moreover, the design configuration allows for private space for “me” time. The second level is where the main bedrooms are located.
The project is Green Building Index (GBI) certified and features green elements that include rain water harvesting, inverter air conditioning system and sun shading. It is also close to amenities such as the Bangsar Shopping Centre, and has easy access to the Sprint Highway.
Mulpha Land also has a 2.5-acre plot in Bukit Tunku, Kuala Lumpur, which Yong said will be divided and sold as bungalow lots of 15,000 sq ft each. The initial plan was to build six bungalows.
|The build-then-sell residen-
tial development offering
only seven exclusive
Mulpha Land also owns Raintree Residence, a 12-unit luxury 5-storey serviced residence located off Jalan Ampang Hilir, Kuala Lumpur, a short distance from the embassy enclave in Ampang. Yong says Mulpha Land is applying for strata titles in case it wishes to sell the units later. Currently, Raintree Residence is 60% tenanted.
Up north it has two ongoing township projects. The Bukit Punchor mixed development project in Nibong Tebal, Seberang Perai Selatan in Penang is 88% completed.
The 231-acre project with an estimated GDV of RM304.9 million is divided into three components — Taman Bukit Punchor (residential & commercial), Bukit Punchor Industrial Park (industrial) and Taman Seri Bayu (residential). In Kedah, its 426-acre Taman Desa Aman in Kulim is 50% developed so far, said Yong. This RM400 million project will eventually comprise 3,000 residential, commercial and industrial units.
This article first appeared in The Edge Financial Daily, on Nov 9, 2012.
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