Hap Seng Land Sdn Bhd, a wholly-owned subsidiary of Hap Seng Consolidated Bhd, recently unveiled its latest project, The Horizon Residences Kuala Lumpur.
The Horizon Residences is a 335-unit luxury residential development encompassing two 26-storey towers.
Strategically located on prime freehold land adjacent to Royal Selangor Golf Club along Jalan Tun Razak, The Horizon Residences is only a short distance away from the upcoming Tun Razak Exchange, a multi-billion ringgit world-class international financial district.
The planned Pasar Rakyat Mass Rail Transit (MRT) station is 500 metres away.
“This location provides an opportunity for investors to take advantage of significant potential value appreciation, resulting from the infrastructure developments and investments taking place within its surrounding vicinity,” said Hap Seng Consolidated Bhd group managing director Datuk Edward Lee Ming Foo.
Lee added, “Residents will be able to enjoy panoramic views of Kuala Lumpur city and the Petronas Twin Towers or the Royal Selangor Golf Course.”
Prior to the launch, Lee said that 40 per cent of the units had been sold, with 30 per cent taken up by the locals and 10 per cent by foreign buyers mainly from China, Taiwan, Korea and Singapore.
The Horizon Residences Kuala Lumpur offers eight types of layout with built-ups ranging from 549sq ft to 4,316sq ft. Designed to attain the GBI (Green Building Index) certification once completed, each unit comes with split-unit air-conditioners for the living area and bedrooms, kitchen cabinets with electrical appliances, wardrobes for the bedrooms as well as full bathroom accessories.
The development also comes with a three-tier security system which includes CCTV-covered access points, perimeter fences, proximity access cards in key areas and round-the-clock security patrols to ensure the safety of residents.
The Horizon Residences offers comprehensive facilities such as an infinity lap pool, children’s pool, sauna, barbeque area and playground.
Targeted for completion by July 2015, this exclusive development is priced from RM700,000. Price per sq ft therefore ranges from approximately RM1,100 per sq ft.
When asked about future developments, Lee replied, “We will be launching a few projects in the second half of this year and will continue to look for more land mainly in the Klang Valley and Sabah.”
Hap Seng currently has 2,500 acres of landbank, of which 500 acres is in the Peninsula and the rest in East Malaysia.