KUALA LUMPUR: MALAYSIAN RESOURCES CORP []oration Bhd (MRCB) is set to develop a luxurious high-rise project with an estimated gross development value (GDV) of RM300 million along Jalan Kia Peng, Kuala Lumpur.
The planned project will be alongside established, luxurious service residences, within the general neighbourhood of the Kuala Lumpur City Centre, according to a Bernama report on Thursday, Feb 17.
MRCB acquired the 0.40-hectare (one acre) tract of land for the project on Jan 7, this year.
MRCB chief executive officer (CEO) Datuk Mohamed Razeek Hussain said although the status is leasehold, the prime location and scarcity of land at this posh area as well as its proximity to numerous world-class facilities and amenities, makes the new development ideal for luxury residences.
"With the location and the injection of our concept, the residential development is expected to become yet another preferred residential address with an excellent choice of designs for those intending to set up residence in the area," he added. ' Bernama
The planned project will be alongside established, luxurious service residences, within the general neighbourhood of the Kuala Lumpur City Centre, according to a Bernama report on Thursday, Feb 17.
MRCB acquired the 0.40-hectare (one acre) tract of land for the project on Jan 7, this year.
MRCB chief executive officer (CEO) Datuk Mohamed Razeek Hussain said although the status is leasehold, the prime location and scarcity of land at this posh area as well as its proximity to numerous world-class facilities and amenities, makes the new development ideal for luxury residences.
"With the location and the injection of our concept, the residential development is expected to become yet another preferred residential address with an excellent choice of designs for those intending to set up residence in the area," he added. ' Bernama
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