Builder AQRS to launch RM153m project

Property developer AQRS The Building Co Sdn Bhd will launch its residential project, Contours Twin Courtyard Show Villa, at Melawati Heights in Hulu Kelang, Selangor, next Friday.

The project, with a gross development value of RM153 million is located on 3.2 hectares.

The Contours, comprising 41 units, come in four designs. Its sizes range from 4,165 sq ft to 7,738 sq ft.

The units are priced between RM3.2 million and RM4.8 million.

Its senior general manager, Thang Ah Hong, said the company has received a lot of positive response from buyers although the project has not been opened to the public yet.

To date, some 40 per cent of the 41 units available were sold, she said.

"We are confident of selling all the units soon. This is a unique development and totally different from the existing residential projects," she told a media briefing at the preview of the show unit in Kuala Lumpur today.

She said the freehold project, which was expected to be completed by end-2012, would have a clubhouse equipped with gymnasium, children water splash park, convenience store, multi-purpose hall, management office and a playground apart from landscaped jogging tracks.

"The project will also be equipped with quality fittings like the Owens Corning roof shingles, Kohler sanitary fittings, SimonsVoss digital locking system, private home lift, home alarm system, solar water heater and stainless steel piping," she said.

She said AQRS would offer the developer interest bearing scheme on 10:90 basis, whereby interest would be absorbed by the developer during the construction period until notice of vacant possession.

"The package also includes free legal fees and disbursements on sale and purchase agreement and loan documents, free one-year maintenance, free air-conditioning units for all bedrooms (except for maid’s room) and kitchen cabinets too," she said.

AQRS, founded in 2001, is the property development arm of Motibina Group of Companies whose core business is in the building, civil construction and development industries.

Contours is the company’s third development project. Its first and second projects were the development of commercial and residential units in Kota Damansara.

By Bernama