Envy Apartment

KUALA LUMPUR: The Pavilion group is targeting sales turnover of RM1.7bil within the first year of operations for its Pavilion Bukit Jalil City mall when it begins operations in 2020.  Pavilion KL retail chief executive officer Datuk Joyce Yap said the mall had already received more than 1,000 registrations from prospective tenants.  “With a net lettable area of approximately 1. 8 million sq ft , it is set to be a regional mall in terms of brands mix, flagship stores and concept,” she told reporters at the launch of the second tower of The Park 2 serviced apartments at Bukit Jalil City earlier today . Yap is confident the mall will have an occupancy rate of over 70% when it opens its doors in three years.  Bukit Jalil City , which has an estimated gross development value (GDV)of RM4bil, is a collaboration between Malton and Pavilion KL. Launched in 2015, the 50-acre project will comprise three phases. The first phase comprises 112 signature shop offices and have been fully sold ...

BUKIT JALIL (Aug 17): Malton Bhd expects units in Tower 1 and Tower 2 of its luxury serviced apartment project , The Park 2 Pavilion Bukit Jalil  to be fully taken up by year-end, Bernama reported today . Malton executive director Hong Lay Chuan said the take-up rate for its 50-storey Tower 1 stood at 90% while Tower 2 recorded 70%. "To meet the strong demand from buyers, we have decided to launch the 52- storey Tower 2 earlier ," Hong told the media after the launch of Tower 2 by Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor here, Bernama reported today . The freehold The Park 2 has an estimated RM720 million gross development value (GDV), and comprises 385 and 324 serviced units  in Tower 1 and Tower 2, respectively. The units’ built-ups range from 750 sq ft to 1,570 sq ft, will be partly furnished with quality fittings and priced from RM630,000 onwards.  The Park 2 would be linked by a covered bridge to Pavilion Bukit Jalil Mall, which is set to be o...