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Saturday, January 12, 2008

Mayland unveils Regalia, its latest serviced-apartment offering

MAYLAND View Sdn Bhd (Mayland), a subsidiary of Mayland Group expects to sell 50% of its Regalia serviced apartments (pix), by the end of January. The serviced apartment, located on Persiaran Sultan Ismail in Kuala Lumpur, was launched yesterday.


The Regalia serviced apartments are for young, dynamic and discerning executives as well as those who wish to reside in the heart of the city within comfortable, stylish and luxurious surroundings,” said Michelle Won, marketing manager of Mayland Group.

Set on 2.5 acres of freehold land, the project has a gross development value (GDV) of RM500 million. Housed in a 38- storey block are 1,033 units spread over three wings. These units are priced at about RM400 psf with a maintenance fee of RM0.40 psf. Built-up areas for studio and
family units range between 500 sq ft and 1,871 sq ft; duplexes from 2,562 sq ft to 4,125
sq ft; and penthouses, 10,012 sq ft.

According to Won, Regalia’s serviced apartments offer a range of layouts that include studio, 1 room, 1 + 1 rooms, 2 rooms, 3 rooms, duplex, penthouse and super penthouse, with six designs to choose from.

“All units sized from 1,000 sq ft and above are allocated one parking bay each,” she said.
The units will have views of either KLCC, Kenny Hills or the internal courtyard.

Facilities at the serviced apartment include a sky pool and sky lounge, wading pool, gymnasium, sauna, WiFi Centre, bistro and bar, wine and cigar outlet, restaurant, function room, games room, reading room as well as an aerobics or yoga room.

“There will also be three lobby lounges, an executive room, house keeping, management office, prayer room, water feature, tropical garden and children’s playground. We are also providing luxury limousine services exclusively for residents,” added Won.

“Mayland pioneered the now popular concept of studio living in Malaysia. Our success story began with the signature Plaza Damas integrated development in the Sri Hartamas vicinity that commenced way back in 1998. Since then, Mayland has achieved an impressive 98% sales rate for all its developments,” said Won.

Currently 25% taken up, the Regalia project is located in the vicinity of established landmarks such as Sogo, Maju Junction and The Mall. It is also close to the Putra World Trade Centre,
Sri Pacific Hotel, Legend Hotel and the Sultan Ismail LRT station. Construction began two months ago, in November 2007, and completion is scheduled in 2010, said Won.

Mayland has several new launches planned for 2008. “In March, we will launch 72 units of shop offices and 1,500 units of serviced apartments in Sri Hartamas," said Won. The shop offices will be 3,600 sq ft on average while the serviced apartments will be sized between 550 Sq ft and 650 sq ft. “We'll also be launching Sri Putramas III in May,” said Won. Located on Jalan Kuching, the 471 condominium units housed in three blocks will have a GDV of RM300 million.

Also in the pipeline are townhouses and serviced apartments in Johor Baru, as well a RM450 million high-end condominium in Mont'Kiara. “We are in the midst of planning but all will be
revealed in 2008,” said Won.

For property details and enquiries, call 03-2691 9000 or 03-6201 8088, or log on to www.mayland.com.my.

By theSun (by Yeong Ee-Wah)


More News about The Regalia Service Apartment here


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