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Following the success of Hampshire Residences, Zelan Bhd has announced that it will be developing another luxury condominium project in the KLCC vicinity. According to Zelan, this new
33-storey project, which has a gross development value (GDV) of RM169.38 million, will be built on a 0.23 ha freehold parcel on Jalan Lidcol, off Jalan Yap Kwan Seng, just next to its existing Hampshire Residences.
Zelan Development Sdn Bhd, a subsidiary of Zelan Bhd, signed a property development agreement with landowner Masteron Liga Klasik Sdn Bhd (MLK) on Sep 28, 2007. Construction will commence once approvals from the relevant authorities are obtained.
Like Hampshire Residences, this new condo project will be strategically located just minutes away from the KLCC and Petronas Twin Towers development.
Due to be completed by December 2008, the RM400 million Hampshire Residences will comprise of two 33-storey towers with a total of 388 units. Developed in partnership with Singapore-based CapitaLand, the project has attracted a large number of foreign buyers, including those from Europe, India, the Middle East and Singapore. |