Magna Prima faces suit over its luxury condo in KL


A view of the KLCC park from the 54th floor of The Avare sales office. The Avare project site behind the Singapore High Commission in the background will have a good view of the KLCC park.
KUALA LUMPUR: Magna Prima Bhd, which markets The Avare at the Kuala Lumpur City Centre, is facing a RM25mil suit citing defects and poor workmanship at the super luxury condominium.

The property developer told Bursa Malaysia that Dr Adam Victor and 23 others filed a suit in the High Court against it and subsidiary Embassy Court Sdn Bhd (ECSB) for “poor and defective façade design, low quality material, poor workmanship, failure to fully rectify the defect in the parcel and common property, structurally unsound construction and breach of the implied term to build and deliver a six-star luxurious condominium.”

They also alleged misrepresentation by Magna Prima and ECSB.

Magna Prima is the proprietor of the The Avare @ KLCC site, while ECSB was the developer. Its 78 units range from 3,800 sq ft to 7,696 sq ft in size, according to Magna Prima’s website.

The company is applying to strike out the plaintiffs’ claim.

Magna Prima closed 2 sen lower at RM1.04 on Tuesday.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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