Good demand for YTL Land's latest project

  • Business
  • Monday, 28 Apr 2014

PETALING JAYA: YTL Land & Development Bhd saw about 80% or 650 units of its latest Midfields 2 project snapped up during its sales preview recently.

The group said the total gross development for the project alone for this phase was RM400mil.

“Although we had received more than 5,000 registrants, it was humbling to see our customers’ confidence in Midfields 2,” said YTL Land & Development executive director Datuk Yeoh Seok Kian in a statement.

“It proves that a competitively priced product in the right location is always attractive to genuine home buyers,” he added.

The Midfields 2 will have three towers block of 792 condominium unit on 9.26 acres of leasehold land. The price starts from RM499,000.

Yeoh said the crowd at the sales preview was mostly first time buyers from a young demographic profile.

“The level of enthusiasm among the public could be seen in the long queue that had formed before the sales gallery’s doors were opened,” he said.

Located along the convergence of 3 major highways, Midfields 2 is only 8 minutes to Mid Valley and a few minutes drive to Smart Tunnel, shortening car rides to downtown KLCC to within 15 minutes.

The recent confirmation of the new High Speed Rail station (Kuala Lumpur to Singapore), to be completed by 2020 in Sungai Besi, further adds to the attractiveness of the Midfields 2 address.

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