Mah Sing Group Bhd has acquired a 5.47-acre tract of land in Taman Metropolitan, Kepong for the development of the M Luna serviced apartments project. SPA Date : 23/07/2019
The piece of land, which was purchased for about RM94,764,144/-, will eventually see the development of the serviced apartments with a RM705mil gross development value (GDV).
Tower A & B • Developer Licence No: 11348-2/06-2022/0326(L) • Validity Period: 06/06/2020 – 05/06/2022 • Advertising & Sales Permit No: 11348-2/06-2022/0326 (P) • Validity Period: 06/06/2020 – 05/06/2022 • Building Plan Reference No: BP U1 OSC 2019 2037 • Type of Property: Serviced Apartment • Tower A Total Unit: 860 • Tower B Total Unit: 812 • Tower A Min Price: RM 583,440 • Max Price: RM 856,440 • Tower B Min Price: RM 599,040 • Max Price: RM 868,140 • Built-up (Tower A & B) : 700sf, 850sf and 1,000sf • No. of car park per unit: 1 or 2 unit • Expected Date of Completion: December 2024 • Approving Authority: DBKL • Land Tenure: Leasehold (04/04/2115) • Lease Term: 99 years • Land Encumbrance: RHB Bank Berhad • Restrictions: The land cannot be transferred, leased or mortgaged without any consent form the Land Committee of Kuala Lumpur, Federal Territory • This advertisement has been approved by National Housing Department.