now central market ( not that kl one) previously it was call G MARK . heard fareast will transform the building to a hotel / hospital - hope that is true.

is in a biz newspaper

r u sure far east taking central market?
i heard far east is coming okr develop, but i dunno which area....

Bukit Kiara Properties to build serviced apartments with retail element
By THEAN LEE CHENG | The Star BizWeek | Saturday March 16, 2013
http://biz.thestar.com.my/news/story.asp?f...27&sec=business

THE Tongs of Bukit Kiara Properties Sdn Bhd (BKP) fame will be returning to the Old Klang Road area where patriarch Datuk Alan Tong first developed OG Heights condominium under the Sunrise name.

His son Datuk N.K. Tong will be turning the former Alamanda College along Old Klang Road into a serviced apartment project with retail element.

The former Alamanda College site, comprising two 24-storey blocks just a stone's throw away from the Scott Garden commercial project, will be converted into VERVE Suites KL South with 321 residential units and 45 small office, home office (Soho) suites.

This latest launch by BKP is significant because the project will be the first new launch for the company in almost two years.


Bukit Kiara Properties will be converting these two blocks into VERVE Suites KL South with Affin Islamic Bank in a joint venture.

Furthermore, it will be a brownfield project, the first for the company. The property was formerly owned by Singaporeans.

Tong, in his 70s, has more than 50 years experience in property development. He formed Sunrise Sdn Bhd in 1968. Together with Ngoh Development, a company owned by his father that owned four pieces of land in Klang, Sunrise embarked on its first project, OG Heights at Old Klang Road, in 1984.

According to property blogs, the BKP property will be RM650-RM1,000 per sq ft.

VERVE Suites KL South will be the latest project on what is considered as one of the Klang Valley's oldest road.

Location-wise, some of the most established townships are located with access via Old Klang Road. Taman Kuchai, Overseas Union Garden, Taman Yarl were the earlier townships. Taman Kinrara and Puchong came later.

Most of these townships comprise landed housing because when they were built, land was not an issue as there was an abundance of it. Today, the story is slightly different.

It was and continue to have within its a geographical reach quite a number of thriving commercial and residential townships. A lot of the rich and older generation continue to live there. For the younger generation who have moved away from their family homes, Old Klang Road holds much sentimental value for them.

VERVE Suites KL South will be undertaken as a joint-venture project under BKP's holding company Albatha Bukit Kiara Holdings Sdn Bhd and Affin Islamic Bank Bhd, with a potential gross development value of RM300mil.

KL South Development Sdn Bhd, a specific joint-venture company between the parties, will develop VERVE Suites KL South. The developer will not be adding any floors to the original structure and is currently preparing its show unit.

Unit size begins from 500 sq ft. There are no confirmed details how much the units will be going for. BKP's press invitation to next Monday's signing ceremony between BKP and Affin Islamic described it as an “innovative residential” development.

It will be one of the more upmarket projects in that locality. The Scott Garden will be the nearest high-rise residential with Tesco and the Old Klang Road wet market within walking distance.

Jalan Klang Lama and its surrounding areas will be seeing quite a number of high-rise developments. While some of them are nearing completion, there are several current launches.

Among the nearest to BKP's project is Avantas Residences. This is being developed by CPI Development Sdn Bhd. Reapfield is marketing it at RM710 per sq ft before rebate and RM615 after rebate. This freehold project comprises 198 units of service apartments that will sit on about an acre. It will have a single block of 28 storeys with units ranging from 700sq to 1,200sq ft.

See Hoy Chan Group has Seringin Residences in Kuchai area. Only units of 2,100 sq ft and above remain and these are priced from RM1.1mil onwards, or at more than RM500 per sq ft. The UOA group, known for its projects in Bangsar South is building Le Yuan Residences in Kuchai, at between RM500 and RM600 per sq ft. This is expected to be completed in 2015.

Other projects sited on Jalan Klang Road includes 9 Seputeh by Gapurna group, which is being merged with Malaysian Resources Corp Bhd. This will be launched in the next couple of months.

Another freehold development is Residence 8 by OCR Land Holdings Sdn Bhd located off Jalan Puchong. The project is 100% sold, at about RM450 per sq ft. The project is expected to be completed next year.

interesting project facing main road along OKR

Sunrise embarked on its first project, OG Heights at Old Klang Road, in 1984.

i just knw that OG heights built by sunrise in year 84 which nearly 30 years ago

me too ... lolzz..

for a 30 years old condo...the design and the building still looks quite good after 30years....thumbs up for sunrise ya...

Alan Tong's first condo project in 1984 under Sunrise umbrella
(now he moved to Bukit Kiara Properties)





This post has been edited by accetera: Mar 17 2013, 05:25 PM

the price for verve kl south is RM1,100psf ...cheap?

Didn't know they do oug

Confirmed price? Want to compete with Tropicana Gardens?

if rm 1,100 is not cheap . RM 650 most reasonable.

but just next door is low cost apartment

seems like it doesn't come with a parking lot.

This post has been edited by skcJVN: Mar 27 2013, 06:58 PM

no care park? haha

This post has been edited by G.I.L.A: Mar 27 2013, 04:32 PM

Man, I need to stop replying.. wrongly.. lol!

This post has been edited by G.I.L.A: Mar 27 2013, 04:33 PM

OMG 1,100 psf in OKR???

haha, Cant wait for the project to be launched to be sure!







on another note, airline, I have replied your inquiry on where UOA will have their new project in Jalan Ipoh.

Its next to pangsapuri sri gembira, jalan terolak 9.

Batu berapa jalan ipoh

I have been doing their condo in Mont Kiara for the past 2 years.
Good workmanship, good furnishing and best of all, best facilities.

Not sure about KL South though.
But the price seems quite steep.
Even higher than Mont Kiara.