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Tuesday, November 27, 2007

Developers team up to build luxury residential project

Luxurious Living: An artist's impression of Twins at Damansara Heights

Four property developers have teamed up to develop a luxury high-rise residential project in Damansara Heights, Kuala Lumpur.

Dubbed "Twins at Damansara Heights", the two-tower development sees The Lion Group, the real estate investment arm of American International Group Inc, Singapore-based Koh Maju and Heeton Holdings Ltd forming a joint venture company called Panareno Sdn Bhd.

"Twins", which will be launched later this month, will be built on a 2.17-acre freehold land fronting Jalan Damanlela and adjacent to Jalan Johar.

The project will offer 318 units of residential suites, built on twin 36-storey blocks, with 159 units in each block.

It features seven unit types, with unit sizes starting from 766 sq ft to 2,078 sq ft for the standard units and from 2,171 sq ft to 5,261 sq ft for the penthouse suites which are duplex and triplex suites.

The project, which is expected to be completed in November 2010, will also offer amenities such as two gymnasiums, a studio suitable for yoga and aerobics workout, swimming pool and home automation security system.

By New Straits Times

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