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> AGILE MONT KIARA KUALA LUMPUR, Big China developer to launch KL Project (Investment)

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TSaccetera
post Apr 4 2015, 10:08 AM, updated 4y ago

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Project Approved and Show Gallery nearing completion.

Block A: 8-storey
Block B: 8-storey
Block C: 8-storey
Block D: 8-storey
Block E: 8-storey

Block F: 18-storey
Block G: 18-storey

Block H: 44-storey
Block I: 44-storey
Block J: 44-storey
Block K: 44-storey

Total units: 813 units


QUOTE
Agile to Develop Residential Project in Kuala Lumpur
Media Release 20 January 2014
http://www.agile.com.cn/agile/web/En/162/a...61/Default.aspx

Agile Property Holdings Limited (“Agile” or the “Group”; Stock Code: 3383), one of the leading property developers in China, was pleased to announce its partnership with PJ Development Holdings Berhad ("PJ Development") to acquire a residential site (“site”) in Kuala Lumpur, Malaysia with a total consideration of RM186 million (equivalent to approximately RMB343 million).

The site covers a total of 41,000 sq.m., with a planned GFA of 167,000 sq.m., while the average land cost is RMB2,051 per sq.m.. PJ Development is a listed company on the Main Board of Bursa Malaysia (Malaysian Stock Exchange). Agile and PJ Development owns respectively 70% and 30% of the equity interest in the joint venture.

Located at Mont Kiara in Kuala Lumpur, a renowned high-end residential community, the site enjoys a prime location with proximity to Istana Negara (National Palace in Malaysia), and comprehensive facilities in the area including international schools, medical centres and large-scale shopping malls. On the other hand, the site also enjoys easy access to various arterial highways, and a mere 15 minutes drive to downtown Kuala Lumpur.

Management commented: “Being the capital city of Malaysia, Kuala Lumpur is regarded as relatively maturely-developed in terms of its city and its property market, and with its residential property demand growing steadily. This time, we are honoured to be able to joint hands with the renowned listed enterprise in Malaysia, the PJ Development, for a win-win collaboration in developing in the famous high-end residential area in Kuala Lumpur.

Knowing the keen local demand in high quality property projects, it is planned that the related site acquired will be developed into mid to high-end residential project. In the future, we shall continue to focus on property businesses development in China, and to adopt a prudent approach should overseas development opportunities arise, while striving for good returns for our shareholders and customers.”
This post has been edited by accetera: Jun 26 2015, 01:32 AM
nda1219
post Apr 4 2015, 11:36 AM

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PJD Duta Kingsbury land?


QUOTE(accetera @ Apr 4 2015, 10:08 AM)
Project Approved and Show Gallery nearing completion.

Block A: 8-storey
Block B: 8-storey
Block C: 8-storey
Block D: 8-storey
Block E: 8-storey

Block F: 18-storey
Block G: 18-storey

Block H: 44-storey
Block I: 44-storey
Block J: 44-storey
Block K: 44-storey

Total units: 813 units
*
Babizz
post Apr 4 2015, 12:41 PM

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why so many short blocks? apartment or other component?
so-propinvestment
post Apr 4 2015, 01:05 PM

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Launching counting down

Selling point more than 6arches of park for resi own use
Within compoung
rainman19
post Apr 4 2015, 02:46 PM

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QUOTE(Babizz @ Apr 4 2015, 12:41 PM)
why so many short blocks? apartment or other component?
*
Low rise could b premium.
Nowadays sudah limited lo
look forward
Chris Chew
post Apr 4 2015, 04:01 PM

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11 blocks and 4 of these are 44 storey, I dont think it is only 813 units
nda1219
post Apr 4 2015, 04:31 PM

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PJD usually wont sell cheap (YouCityCheras also selling RM800psf noawadays). With Duta crown + China developer JV, the price will be at least RM1000 psf.


QUOTE(rainman19 @ Apr 4 2015, 02:46 PM)
Low rise could b premium.
Nowadays sudah limited lo
look forward
*
This post has been edited by nda1219: Apr 4 2015, 04:32 PM
TSaccetera
post Apr 4 2015, 04:52 PM

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Hearsay price could be hitting RM1,800psf.

If like dat, need to target China buyers.
seanooi880327
post Apr 4 2015, 05:19 PM

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QUOTE(Chris Chew @ Apr 4 2015, 04:01 PM)
11 blocks and 4 of these are 44 storey, I dont think it is only 813 units
*
http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=582445&S=S

here will clear your question
seanooi880327
post Apr 4 2015, 05:20 PM

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hearsay showroom itself already cost nearly 10 million
Babizz
post Apr 4 2015, 05:26 PM

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QUOTE(rainman19 @ Apr 4 2015, 12:46 AM)
Low rise could b premium.
Nowadays sudah limited lo
look forward
*
Boss, no need to look forward at 1800psf.. this one not even MK right?
rachel_xxx
post Apr 4 2015, 06:17 PM

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QUOTE(accetera @ Apr 4 2015, 04:52 PM)
Hearsay price could be hitting RM1,800psf.

If like dat, need to target China buyers.
*
Then grab arte mah ho seh liao?
Chris Chew
post Apr 4 2015, 06:38 PM

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QUOTE(seanooi880327 @ Apr 4 2015, 05:19 PM)
Thanks.

Let's see the final outcome.

Salute to the developer if to build so many blocks but only 813 units which would introduces to all heavily big sizes condo.



Chris Chew
post Apr 4 2015, 06:45 PM

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QUOTE(Babizz @ Apr 4 2015, 12:41 PM)
why so many short blocks? apartment or other component?
*

Only 10 acres land, how to build 11 separated blocks unless most of it are twin blocks.

nda1219
post Apr 4 2015, 07:23 PM

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New benchmark of Mont Kiara - Dutamas area yawn.gif


QUOTE(accetera @ Apr 4 2015, 04:52 PM)
Hearsay price could be hitting RM1,800psf.

If like dat, need to target China buyers.
*
corleone74
post Apr 4 2015, 08:25 PM

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QUOTE(Babizz @ Apr 4 2015, 05:26 PM)
Boss, no need to look forward at 1800psf.. this one not even MK right?
*
I think it is still "real" MK. Jln Duta Kiara, so most likely it's the big site which is cleared next to hartamas regency 2 (in btw HR2 and the highway). walking distance to solaris MK. neighbours are kiaraville and seni and HR1&2.

This post has been edited by corleone74: Apr 4 2015, 08:26 PM
corleone74
post Apr 4 2015, 08:27 PM

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QUOTE(Chris Chew @ Apr 4 2015, 06:38 PM)
Thanks.

Let's see the final outcome.

Salute to the developer if to build so many blocks but only 813 units which would introduces to all heavily big sizes condo.
*
yes, pls don't flood MK with all the tiny tiny units .. already jam now tongue.gif tongue.gif tongue.gif
corleone74
post Apr 4 2015, 08:36 PM

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QUOTE(seanooi880327 @ Apr 4 2015, 05:20 PM)
hearsay showroom itself already cost nearly 10 million
*
anyone know where is the showroom.. didn't see any new showroom nearby?
corleone74
post Apr 4 2015, 08:37 PM

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QUOTE(accetera @ Apr 4 2015, 10:08 AM)
Project Approved and Show Gallery nearing completion.


Total units: 813 units
boss, bila launch and mana showroom?? thankie.
rainman19
post Apr 4 2015, 09:35 PM

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QUOTE(Babizz @ Apr 4 2015, 05:26 PM)
Boss, no need to look forward at 1800psf.. this one not even MK right?
*
haha
Ag"le said, msian buyer not my target market. tongue.gif
well, foreign purchase game on

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