Contractor-turn-developer Binastra Land plans to launch its largest project to-date, named Trion KL at the site previously used as Volkswagen showroom at Jalan Sungai Besi and next to South Gate. The mixed development project is expected to be completed in 5 years and it will comprise of 1,344 units of serviced apartment, a Mercure Hotel with 235-room, a small retail and office component.
Other than this project, Binastra Land had also purchased another plot in the vicinity – 2.25-acre on Jalan Satu.
Developer: Binastra Land Sdn Bhd
Lot no: Lot 162, Jalan Sungai Besi, Wilayah Persekutuan Kuala Lumpur
Land area: 4.075-acre
Tenure: Freehold
Change of zoning: Industrial to Commercial
Status: Development order approved on 28 June 2016
Note:
1. Estimated GDV of RM1.3bil.
2. Plot Ratio 1:9
3. Land purchased from Renown Heritage Sdn Bhd (50%:50% owned by E&O Group and Wearne Brothers) for RM96 mil (RM541 psf) on 12 June 2015.
4. Hotel to be managed by AccorHotels Group under Mercure brand.
5. Serviced apartment with built-ups of 650 sq.ft – 1,000 sq.ft.
Proposed Development:
Block A/66-storey/536 units serviced apartment
Block B/66-storey/592 units serviced apartment
Block C/40-storey/216 units serviced apartment; 235 hotel rooms, 3 level office space for Binastra Land
7-storey car park podium
2-storey retail (20 units or 70,000 sq.ft)
Location Map:
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