Location map of M Aspira
PETALING JAYA: Mah Sing Group Bhd has acquired 6.169 acres of land in Taman Desa, Kuala Lumpur for RM108mil and will commence the development of serviced residences and Residensi Madani. The group plans to open registration for the former in 3Q 2024.
M Aspira, a mixed-use development with approximately 1,600 residential units on 3.7 acres, and approximately 800 units of Residensi Madani on 2.47 acres will be developed in separate phases. The estimated gross development value (GDV) of the project is approximately RM1bil.
Designed with all of Mah Sing’s hallmark lifestyle concept, security features and modern facilities, M Aspira comes with three different layouts. Buyers will have options of units measuring indicatively 708 sq ft, 858 sq ft, 1,008-1,011 sq ft, and indicatively priced from RM448,800.
Founder and group managing director Tan Sri Leong Hoy Kum said: “Taman Desa, located off Jalan Klang Lama and the East-West Link Expressway, has been a sought-after area since its development in the 1970s. Its prime location offers easy access to the city centre, Mid Valley Megamall, KL Sentral and Bangsar, as well as major suburbs like Petaling Jaya and Cheras.”
The development targets first-time homebuyers including working professionals, young investors, small families and the M40 income group. It also targets foreign buyers who hold the Silver passes under the revised Malaysia My Second Home (MM2H) program, where they are to purchase a property with a minimum value of RM600,000.
M Aspira will be integrating green features that ensure optimal indoor temperatures through quality insulation and materials, lower electricity consumption and operational costs by installing lifts that save on electricity and LED lighting in all common areas and outdoor spaces.
Stay ahead of the crowd and enjoy fresh insights on real estate, property development, and lifestyle trends when you subscribe to our newsletter and follow us on social media.
