Friday, June 10, 2011

Magna Prima's Seri Jalil units sold out within one day

KUALA LUMPUR: MAGNA PRIMA BHD [] sold out all of its 107 units in the proposed Seri Jalil gated residential scheme located at Bukit Jalil within the first day of its official launch.

In a statement Friday, June 10, Magna Prima executive director Lawrence Lee Yek Hui said the buyers had been at the developer's office since 8am till late afternoon to secure the units priced from RM957,900 to RM1.97 million.

'Our motto of knowing the market and developing quality developments consisting of superior product mixes at exceptional locations and with attractive pricing continues to drive the success of our overall business.

'The excellent sales result of Seri Jalil is further testament of Magna Prima's vibrancy and its position for strong earnings rebounds in 2011,' he further added.

Magna Prima's Seri Jalil is spread over 10.86 acres and has a gross development value (GDV) of RM126.5 million.

The scheme comprises 83 units of 2.5-storey Super Link Houses and 24 units of 2.5-storey Semi Link Villas with security, with built up areas ranging from approximately 3,345 sq ft to 4,162 sq ft.

Lee said CONSTRUCTION [] was expected to commence during the second half of 2011 and conclude by end 2012.

'Next in line for Magna Prima is the release of Phase One of the Boulevard Business Park along Jalan Kuching.

'This hybrid commercial development with a GDV of more than half a billion ringgit is slated for launch on June 22, ''2011,' he said.

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