EUPE Corporation Berhad has a new Serviced Apartment and Villa project coming up in Seputeh. The leasehold 3.2-acre commercial land is located next to the Japan Club of Kuala Lumpur and the KTM railway line is running next to the site. The land is also slightly elevated and enjoys unobstructed view of Mid Valley City and KL city. The development will consists of 2 blocks of serviced apartment and 3 villa blocks with a total of 872 units. The two apartment towers will be 50-storey tall. The name and selling price of the development is yet to know, but as a comparison, Setia Sky Seputeh in the vicinity is selling at average RM1,300 psf. The sales gallery will be located at Old Klang Road, opposite the Saville Residence.
The land was purchased from Datuk Bandar Kuala Lumpur (DBKL) for RM45 mil (RM325.80psf). The land purchase was initially announced in Dec 2013 but the deal was only completed on 13 September 2016 due to delay in fulfillment of conditions by DBKL.
EUPE Corp, a property developer established in Sungai Petani, Kedah in 1986, has close to 30 years of experience in the property development industry. Since then, the company has completed more than 20,000 houses, offices, and commercial and industrial units throughout the state. It also developed Sungai Petani’s first high-end condominium called Sky Residences — located at the 18-hole Cinta Sayang Golf & Country Resort that it owns and manages. The company currenlty has 3 projects in Klang Valley – Novum at Bangsar South, The Weave at Cheras and this. EUPE Corp has also ventured out of Malaysia — it is developing three projects in the outskirts of Melbourne, Australia.
Developer: Titian Sama Sdn Bhd (company of EUPE Corporation Berhad)
Lot no: Lot 660, Seksyen 94, Jalan Syed Putra, Wilayah Persekutuan Kuala Lumpur
Land area: 3.2-acre
Tenure: Leasehold 99-year (expiring on 21 September 2086)
Change of zoning: Residential to Commercial
Status: Kebenaran Merancang submitted on 30 June 2016
1. Land purchased from Datuk Bandar Kuala Lumpur (DBKL) on 11 December 2013 for RM45,414,000 (RM325.80 psf). The deal was completed on 13 September 2016.
Serviced Apartment and villa/872 units
Block A/Serviced Apartment and Villa/37-storey/371 units
Block B/Serviced Apartment/37-storey/373 units
Block C/Villa/2-storey/17 units
Block D&E/Villa/3-storey/111 units
Car park podium 10-storey
Click here if you are interested to find out more about proposed Serviced Apartment by Ba Sheng.