KAJANG: Metro Kajang Holdings Bhd (Metro Kajang) will launch two new projects by the end of 2008, one in Desa Melawati in Kuala Lumpur and the other in Kajang’s town centre.Chong Yong Han, group senior general manager of the Metro Kajang Group, told theSun that the Desa Melawati project would comprise 500 units of serviced apartments with a gross development value (GDV) of RM120 million. According to him, the medium high-end project would take up 2.6 freehold acres located opposite Tunku Abdul Rahman College.“The larger units would be approximately 1,000 sq ft while the smaller units would be 800 sq ft. There will also be studio units sized at 700 sq ft,” said Chong after the company’s AGM yesterday.Complete with full apartment facilities, the units are priced at RM250 psf and above. Due to its location, Chong expects the buyers to comprise investors as well as the people who work at the institutions nearby, which include an Islamic university located in the vicinity.
(The Sun 27-2-2008)
