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Monday, April 14, 2008

UM Land puts its mark on Bangsar

Reviving an abandoned project and turning it into the suburb's latest residential offering

Suasana Bangsar offers quick access to Bangsar nightlife, a host of facilities and views of either KL, Bangsar, Pantai or MidValley City.

The sign of a smart builder is someone who can short-circuit the lengthy development process so that it can capitalise on the winds of demand blowing in its favour.

That being the case, it’s little wonder that United Malayan Land Bhd (UMLand) jumped on the opportunity in January last year to purchase a partially completed apartment site in one of Kuala Lumpur’s most celebrated suburbs.

Now, slightly over a year later and with the benefit of work already done – which means buyers won’t have to wait for the usual three years till they receive their keys – it is ready to unveil its Suasana Bangsar condominium.

But first, the bad news: Today’s the last day to take advantage of UMLand’s three per cent early bird discount applicable for all the project’s 190 units, so any purchasing decision will have to be made before the sun goes down.

The 25-storey Suasana Bangsar is taking shape at the junction of Jalan Kaloi and Jalan Tanduk, and in front of the existing Bangsar Heights Condominium, putting it near the lively Telawi Strip nightlife, shopping centres such as Bangsar Village, and the Bangsar LRT station.

Available are two-, threeplus- one- and four-plusone- bedroom units in sizes of between 1,112sq ft and 2,147sq ft, as well as six penthouses at the topmost floors. These will accommodate either four-plus-two- or fiveplus- two bedrooms in areas ranging from 3,845sq ft to 4,892sq ft.

Although UMLand has yet to announce the project’s official pricing – the launch proper is expected to be in a month’s time – it has indicated that it would be around RM570psf, implying a starting price of slightly over RM630,000.

It also revealed that the project will accommodate eight units on a typical floor that will be serviced by five lifts, while all units will be specified with European sanitary fittings.

Among its recreational facilities will be a gym, Jacuzzi and swimming pool on the leisure deck, as well as a multi-purpose hall, children’s playground and games room.

The project is accessible from Jalan Bangsar via Jalan Riong and commands views of either Bangsar, Pantai, KL or MidValley City

UMLand purchased the 40,407sq ft site for RM24 million from Vista Genesis Panel Sdn Bhd, and based on its unit prices, it expects Suasana Bangsar to earn a gross development value of RM99 million by the time it is ready in late 2010.

For detail information, please contact: United Malayan Land Bhd (Tel: 603-2142 1611) OR

By New Straits Times (by Chris Prasad)

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