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Southville City, By Mah Sing
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TSairline
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May 21 2012, 02:18 PM, updated 14y ago
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KUALA LUMPUR: Mah Sing Group Bhd is buying 412 acres of freehold land near Bangi, Selangor which it plans to undertake a mixed township, focusing on double-storey link homes indicatively priced from RM530,000 onwards.
It said on Monday it was acquiring the land at RM18.55 per square foot under its strategy to expand its landbank and under the project called Southville City.
It said the 412 acres comprised of 408 acres of freehold land from Boon Siew Development Sdn Bhd for RM330.8mil and 4.0 acres leasehold land from an individual party.
Mah Sing is planning a new interchange on the North South Highway just 2.5km from the existing Bangi interchange to allow direct access to the project.
Its group managing director and group chief executive Tan Sri Leong Hoy Kum said: "The inherent appeal of the location along the North South Highway, proposed direct interchange and Mah Sing's expertise in township masterplanning makes Southville City a very exciting development to look forward to.
"We believe our project offerings comprising residential and commercial products; mainly shops that meet market demand, complemented with extensive soft and hard landscaping, clubhouse and various facilities and amenities will do very well." Upon completion, the 412 acre project will be home to 17,500 people and provide a seamless, rounded lifestyle for different family sizes.
can make it?
This post has been edited by airline: May 26 2012, 02:42 AM
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jeghui
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May 21 2012, 02:24 PM
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where exactly is the location?
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Lcsx
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May 21 2012, 02:27 PM
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QUOTE(jeghui @ May 21 2012, 02:24 PM) where exactly is the location? Here's the location.
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echoesian
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May 21 2012, 02:30 PM
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QUOTE(Lcsx @ May 21 2012, 02:27 PM) No photo?
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Lcsx
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May 21 2012, 02:38 PM
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QUOTE(Lcsx @ May 21 2012, 02:27 PM) Ah here it is. Uploading problems. This post has been edited by Lcsx: May 21 2012, 02:42 PM Attached thumbnail(s)
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jeghui
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May 21 2012, 02:47 PM
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tepi sungai...
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echoesian
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May 21 2012, 02:51 PM
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Mah Sing so rich recently buy lands here and there....
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Paradise_Trader
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May 21 2012, 02:56 PM
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QUOTE(echoesian @ May 21 2012, 02:51 PM) Mah Sing so rich recently buy lands here and there.... I assume that Mah Sing keep the Bangi Land insides the Land Bank first at current moment. Another Township M Residece @ Rawang still in progress.
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jeghui
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May 21 2012, 03:54 PM
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Nope. I think Mah Sing will just launch. Min 560k
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kh8668
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May 21 2012, 03:59 PM
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QUOTE(jeghui @ May 21 2012, 03:54 PM) Nope. I think Mah Sing will just launch. Min 560k yeah man, at 18.50psf of land... min initial launch price of link could be as high as 600k density of the township as well at least 8-10 units per acre. let see how mahsing raise its selling prices. This post has been edited by kh8668: May 21 2012, 03:59 PM
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Stamp
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May 21 2012, 04:02 PM
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Interesting because this area is a freehold land, unlike in Bangi where most areas are leasehold.
This post has been edited by Stamp: May 21 2012, 04:02 PM
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yankicip
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May 21 2012, 04:05 PM
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QUOTE(kh8668 @ May 21 2012, 04:59 PM) yeah man, at 18.50psf of land... min initial launch price of link could be as high as 600k density of the township as well at least 8-10 units per acre. let see how mahsing raise its selling prices. Maybe hard to sell higher value. Bangi not much chinese. This is how minorities can be discriminated or marginalised. " Bangi Adun suggest no cinema, no entertainment outlet, no alcohol." Maybe later not allow to download movie from internet too. Why relocated to bangi?
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Lcsx
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May 21 2012, 04:06 PM
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QUOTE(jeghui @ May 21 2012, 03:54 PM) Nope. I think Mah Sing will just launch. Min 560k Yeah they will most likely soft launch within a year. They are a fast turnaround developer. This post has been edited by Lcsx: May 21 2012, 04:10 PM
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isma45
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May 21 2012, 04:10 PM
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nice..near bandar baru bangi - ukm - putrajaya - nilai
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thunderaj
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May 21 2012, 04:15 PM
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Bangi is mainly populated by Malay communities . Will they open for non malay ...?
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kh8668
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May 21 2012, 04:16 PM
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i read the annoucement. notice part of the land own by MCA, LOL. shoul dbe said MCA bought part of the land (8 acres) in 1997
This post has been edited by kh8668: May 21 2012, 04:18 PM
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jepakazoid_82
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May 21 2012, 04:17 PM
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In between Bandar Baru Bangi and Bandar Seri Putra?
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jeghui
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May 21 2012, 04:44 PM
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Well PAS is using the religious mantra to gain support as for no cinema in Bangi.
But look at Shah Alam. After years of no cinema now we already have MBO at Space u8. Setia alam also opening one. Not surprised if another in Bukit Jelutong.
Kota Kemuning plenty of Chinese friends.
Mahn mahn laa.
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DonnyB
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May 21 2012, 06:22 PM
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Definitely a good location. But I see that this is near the nuclear energy institute. Any worries?
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thunderaj
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May 21 2012, 06:32 PM
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QUOTE(kh8668 @ May 21 2012, 04:16 PM) i read the annoucement. notice part of the land own by MCA, LOL. shoul dbe said MCA bought part of the land (8 acres) in 1997 8 acres compare to 400 acres . Only small portion MCA bought in 1997 . Are sure only 8 acres ...?
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