Sri Seltra Launches RM102 Million Mixed Development In Ampang

Last update: 12/08/2017

KUALA LUMPUR, Aug 12 (Bernama) -- Sri Seltra Sdn Bhd today launched its mixed development project, Hon Residensi, in Taman Nirwana, Ampang, Selangor with a gross development value (GDV) of RM102 million.

Its Director,Terence Chia, said the project comprised 172 leasehold serviced apartments with built-ups ranging from 700 square feet (sq ft) to 1,400 sq ft and priced from RM480,000 each or at an average price of RM500 per sq ft.

Hon Residensi, to be built on 1.089 hectares of land, consists of two blocks, with Block A comprising 84 units and Block B with 88 units.

"To date, we have recorded more than 50 per cent take-up rate from last month's soft launch and we are targeting to reach 80 per cent by year-end.

"Despite the challenges in the property market, the take-up rate shows that the right product and pricing will always appeal to customers," he told reporters after the official launch of Hon Residensi here, today.....