Villamas is planning a mixed development on a 14.64-acre site they purchased back in 2013 in Bandar Putra Permai/Equine Park. The proposed development will have 4 blocks of towers with 1,056 units of serviced apartment, 716 units of SOHO, Office, Hotel and a shopping mall. The proposed MRT Line 2 – Taman Putra Permai Station, is located just next to the site.
The site is originally the Phase 3 of the Atmosphere Development by Eksons Corporation Berhad. However, Villamas, via its subsidiary, Lembah Penchala Sdn Bhd, purchased the land from Eksons for RM140,273,318 (RM220 psf) in November 2013.
In terms of competition in the surroundings, Sfera Residences (by YNH) is being constructed behind Giant Mall. Beverly Group, the developer of 28 Boulevard and Quartz Melawati also owns a piece of land next to AEON Mall and is ready to launch anytime soon. Located opposite AEON Mall there is also ZEVA Equine South which has just been completed in 2015 and selling at around RM600 psf for its studio unit and RM450 psf for 3-bedroom unit.
Developer: Lembah Penchala Sdn Bhd (company of Villamas)
Lot no: HSD 251946, PT78699, Mukim and Daerah of Petaling, Selangor Darul Ehsan
Land area: 14.64 acre
Tenure: Leasehold 99-year (expiring on 27 May 2097)
Status: Revised Development Order submitted on 23 Jan 2017
Note: Land purchased from Eksons Corporation Berhad on 20 November 2013 for RM140,273,318 (RM220 psf)
Serviced Apartment/33-storey/594 units
Serviced Apartment/33-storey/462 units
Facilities podium at level 5
7-level retail podium