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Mah Sing's M Residence2 gets good response

RAWANG 9April 12, 20130:  Mah Sing Group Bhd has received an overwhelming response to the first phase of its M Residence [email protected] residential project, Alpine, with approximately 80 per cent take-up rate.

Deputy general manager of M Residence 2, Angela Chong, said the take-up rate was based on the 203 previewed units of double-storey link homes from the total 415 units to be built in the first phase.

"We divided the first phase into two parts as we want to make sure all units will be taken first by our customers," she told at media briefing here today.

Chong said the first phase, covering 12.95 hectares, was expected to be completed within three years. She said the units, targeted at first-time buyers and young married couples, cost RM458,800 to RM872,800 per unit.

The first phase, comprising a mixture of residential and commercial components, was expected to be officially launch by the second half of this year, she said.

Chong said the 60.7ha M Residence 2 project, which would be developed in three phases, has a gross development value of RM650 million and was expected to be completed over the next six to seven years.

"Another two phases are expected to be launch by year-end," she said. She said the Alpine would have two designs and has built-up area of approximately 1,885 sq ft.

"The M Residence 2 project fronts Jalan Batu Arang, just 10 minutes from the North-South Expressway's Rawang toll and directly accessible to the proposed direct link to the Kuala Lumpur-Kuala Selangor Expressway from Jalan Tasik Puteri," she said.- Bernama

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