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Tuesday, November 20, 2007

Rosvilla makes a mark near Mont’Kiara

PETALING JAYA: Harmony Property Sdn Bhd is banking on its new project’s proximity to Mont’Kiara to sell. Called Rosvilla, the condominium development is located in Bukit Prima Pelangi, less than 800m from Mont’Kiara’s epicentre.

The developer, a subsidiary of Brem Holdings Bhd, is targeting young professionals who are just starting out by pricing the units affordably from RM238,000 onwards. Built-ups are from
1,203 sq ft to 2,468 sq ft and the condo comes with club facilities such as a gym, swimming pool, sauna and tennis courts. Maintenance has been set at 16 sen psf.

Rosvilla’s exclusive marketing agent, Henry Butcher Real Estate Sdn Bhd has recorded an encouraging take-up rate of almost 50% since launching the project on Oct 6.

Henry Butcher’s CEO Tang Chee Meng said affordable pricing and a choice location were the appealing factors that make Rosvilla condos an attractive buy.

“The average price per sq ft is only RM200 and it is certainly in an affordable range for most working-class Malaysians,” Tang told theSun.

“And since it is located in the vicinity of property hotspots in the Klang Valley, the prices are certain to appreciate in time to come, promising good returns on investment and rental yields.”
Rosvilla has a total of 174 units housed in three blocks of between seven- and 15- storeys high. Built on a 3-acre freehold site, it has a gross development value of RM43 million. Completion will be in late 2009.

Rosvilla is easily accessible from the NKVE, Sprint Highway, Penchala Link and the LDP.

On Harmony Property’s next project, Tang said the developer is planning to develop a similar condo development on their 70-acre land bank in Bukit Prima Pelangi.

By theSun (By Tim Leonard)

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