KUALA LUMPUR: Mah Sing Group Bhd has received overwhelming response for the Savanna Executive Suites, the first phase of its Southville [email protected] South township in Bangi.
The group launched its Southville City sales gallery in Nouvelle Hotel, Seri Kembangan last Saturday. It also held a private balloting for registrants of Savanna Executive Suites, which attracted approximately 2,500 guests.
According to a statement from Mah Sing, a total of 1,068 units of the Savanna apartments valued at RM351 million were pre-selected within eight hours last Saturday.
The by-invitation-only event was opened to registrants who collected their ballot numbers on Sept 21. Members of the public were able to pre-select their units yesterday.
Savanna Executive Suites offers freehold three-bedroom suites with built-ups from 956 sq ft and is indicatively priced from RM280,000.
Phase 1B comprising 766 units in Tower B1 and B2 were 90% booked. Due to the overwhelming response, Phase 1A, which also has 766 units in Tower A1 and A2 was opened later in the day. They were 50% booked within the same day.
In view of the keen interest, Mah Sing intends to open another two Towers while the Lifestyle Retail Lots @ Savanna with an indicative price from RM1.3 million onwards will also be available for pre-selection next week.
“Savanna Executive Suites is the first phase of Mah Sing’s Southville City. Southville City answers market demands for affordable housing for the middle-income group and yet, offer that special touch of class and distinction in each component of the township,” said Mah Sing’s chairman Jen Tan Sri Yaacob Bin Mat Zain (retired).
This article first appeared in The Edge Financial Daily, on September 30, 2013.