Mah sing’s announced increased of gdv for southville city@kl south to RM8.3 billion
~Phase 2- Avens Residence opened for pre-selection, 80% taken-up~
Premier lifestyle developer, Mah Sing Group Berhad (Mah Sing) announced an increase in gross development value (GDV) for Southville City@KL South, from the preliminary RM5.13 billion to RM8.3 billion. The developer attributed the increased of GDV to the recently approved township masterplan, which includes a 2km stretch of commercial development fronting the North-South Highway.
AVENS RESIDENCE-80% TAKE-UP
Over the weekend, Mah Sing opened 80 units out of 112 units of Avens Residence’s 2 ½ storey link homes for pre-selection pending official launch mid-June 2014. Interest has been encouraging with 80% of the units, worth approximately RM61 million taken-up at the end of the preview. Avens Residence targets the genuine upgrader market such as three-generation families looking to live together in suburban areas.
Early birds were offered a rebate of RM30,000, and a further RM10,000 reward rebate is offered to those who signed SPA and settled the balance of first 10% within 14 days. Repeat buyers are offered an additional RM5,000 rebate. SPA legal fees and 1st year maintenance charges will be waived.
RM600 MILLION SALES ACHIEVED
Take-up has been very encouraging for Phase One of Southville City. Savanna Executive Suites offers 3-bedroom affordable homes with built-up starting from 956 sq ft priced from RM338,000. Four towers of Savanna Executive Suites which was launched earlier are over 90% sold. The fifth tower, Tower C2, is newly open for sale following the encouraging response from the first four towers. Meanwhile, the commercial component, Savanna Lifestyle Shops comprising of 2 storey shop offices with built-up starting from 2,461 sq ft priced from RM1.44million is already 40% sold. Construction has commenced for Phase One of Southville City@KL South. The approved direct interchange is estimated to complete simultaneously with the completion of Savanna Executive Suites.
CHANCE AT FREEHOLD LANDED LINK HOMES
An integral part of Southville City, Avens Residence which is Phase Two of Southville City comprises 2 ½ storey and 3 storey link homes. Avens Residence offers only 196 limited edition link homes, the only link home precinct in Southville City@KL South. Avens Residence enjoys a freehold title, offering upgrader market a chance at an outgoing lifestyle complemented with state-of-the-art security. Avens Residence comes in two different layouts and built-up. The first type offers 112 limited edition 2 ½ storey link homes measuring 22” x 75” sq ft with built-up starting from 2,988 sq ft, indicatively priced at RM892,800 to RM1,105,800. Each unit comes with 5+1 bedroom and 5 bathrooms, 4 which are en-suites.
Avens Residence further offer 84 exclusive units of 3 storey link homes, also measuring 22” x 75 sq ft with built-up starting from 3,438 sq ft indicatively priced at RM1,008,800 to RM1,232,800. Units come with 6+1 bedroom and 6 bathrooms, 5 which are en-suite. Every home at Avens Residence is equipped with home alarm system, centralized water filter system and solar hot water system. Perimeter fencing will have CCTV strategically installed, vehicle access control and boom gates.
Group Managing Director cum Chief Executive of Mah Sing, Tan Sri Dato’ Sri Leong Hoy Kum said, “The spacious and practical layout offered by Southville City’s Avens Residence is suitable for growing families. In addition to providing numerous opportunities for a holistic lifestyle growth, the precinct will enjoy its own standalone gated and guarded perimeter with 24-hour patrolling. The dedicated interchange into Southville City takes you directly from the North-South Expressway to the gates of your Avens abode.”
HOLISTIC COMMUNITY LIVING AT SOUTHVILLE CITY@KL SOUTH
Measuring over 428-acre, Southville City@KL is the epitome of accessibility with its approved dedicated direct interchange from the North-South Highway and only 30-minute drive away from KL City Centre. Southville City emphasize on cleanliness, beautification, security, orderliness and wellbeing. Modern homes and themed shop-offices are built amidst exquisitely landscaped and natural greenery with a 13-km pedestrian footpath-cum-bicycle track that connects the entire neighborhood; there is a riverside walk, nature trail and a 10-acre urban park. Besides that, there are more than 5 golf courses easily within reach. Educational institutions for all ages are ranging from primary to colleges and universities are located neighboring to the township.
“Further to the outdoor amenities, there will also be a fully equipped clubhouse, extending facilities such as swimming and wading pools, gymnasium, multi-purpose hall and many more. Residents at Southville City will be able to frequent the Clubhouse to spend quality time with their family, sharing in activities that can build family bonds. It is Mah Sing’s masterplan to develop Southville City as a self-contained haven, slightly outside of the city where families can raise their children in a holistic suburban lifestyle, and still easily travel into the city for their career,” added Tan Sri Dato’ Sri Leong.
Southville City@KL South Show Village and Sales Gallery at Bangi is open daily from 10am to 6pm. For more information, please visit http://www.southville-city.com/
