YTL Land to launch The Capers condo


  • Business
  • Saturday, 26 Mar 2011

PETALING JAYA: YTL Land & Development Bhd, which is launching its condominium development The Capers at Sentul East today, caused a “mad rush” among potential buyers looking to lock in sales.

“There was a mad rush of people scrambling in. The food for the guests was left uneaten,” said a fund manager who was on-site to buy a unit yesterday.

At press time, about 80% of Block A has been taken up, according to a sales person when contacted by StarBizWeek yesterday.

The Capers, which has a gross development value of RM350mil, consists of 338 units housed in two 36-storey towers and 128 low-rise suites.

Built-up areas for the tower units range from 695 sq ft to 1,567 sq ft with two bedrooms and 3+1 bedrooms configurations.

The low-rise suites are made up of duplexes and 3-storey single-level suites. Sizes are 999 sq ft (2+1 bedrooms) and 1,965 sq ft (duplex 4+1+1 bedrooms).

YTL Land executive director Datuk Yeoh Seok Kian said one of the top selling points of The Capers was its design.

“The Capers' other unique points include its freehold status, a prime city location that is well-connected by road and train, backed by a 294-acre masterplan that has been dedicated to re-generate this 100-year-old town with a new vibrancy,” he told StarBizWeek in an e-mail.

The Capers is the third residential development in Sentul East after The Tamarind and The Saffron (both sell-out projects were launched in 2005 and 2006 respectively).

Sentul is one of the areas that has been earmarked as a “hotspot” to benefit from the Government's upcoming mass rapid transit (MRT) project.

YTL Land is the first developer to launch a development that is close to an upcoming MRT station.

Yeoh noted that Sentul already enjoyed a multi-connected infrastructure network, placing it in direct access with key locations by road and train.

“Indeed, with the onset of the KL City Circle line (which circles the Kuala Lumpur city centre), Sentul will turn into a major stop-over point among the city's key attractions, not only bringing with it more traffic on a consistent basis but providing enhanced convenience to the community and resulting in significant impact to property values.”

Yeoh said that in the future, all Sentul East developments would be connected via a sky bridge to provide convenience to the community and create a thriving and well-connected hot spot.

“This elevated sky bridge provides one with seamless access from the Sentul KTM Komuter through our properties and ends at the Sentul Timur LRT station.”

He said the first connection would be built in the later part of this year.

  YTL :  [Stock Watch]  [News]

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
   

Next In Business News

Wall St week ahead: Fed meeting looms for stocks
After the pandemic, a wave of spending by older consumers
Out-of-control shipping costs fire up prices from coffee to toys
G7 leaders commit to raise climate finance contributions
G7 rivals China with grand infrastructure plan
FMM: RM200b stimulus plan needed for SME manufacturers
No trading for KLTM next week
CPO futures likely to experience technical correction next week
Essential economic contributors must be protected
Oil price hits multi-year highs in third weekly gain on demand recovery

Stories You'll Enjoy


Vouchers