The Reserve @ Puncak Kayangan Kemensah saw 27 units taken up with 10 expected to be sold by end of July, the chairman of Weststar Construction Sdn Bhd and managing director of Weststar Group, Tan Sri Syed Azman reported.
The Reserve is jointly developed by Asset1, an Australia-based property developer, and Weststar Construction Sdn. Bhd.
This is Asset1’s first residential property project in Malaysia.
The Reserve is an enclave of low-density, 37 guarded bungalows residences within a natural, landscaped setting in Ulu Kelang.
Managing director of Asset1, Luke Adams said, “The thought and concept behind our debut residential development here in Malaysia is to find a harmonious balance between luxury, nature and the creature comforts of the city.”
He added, “We have applied a thoughtful and organic approach in adopting a design that values and enhances the natural contours of the land.”
The Reserve is nestled between the Ulu Gombak and Ampang Forest Reserve, at the foothills of Klang Gates Quartz Ridge – 100 million year quartz ridge that is the longest in the world.
The development’s 21 acres of freehold land is sub-divided into 37 bungalow lots, with a land-to-home ratio of less than two bungalow units per acre.
The Reserve offers built-up areas between 7,000 to 11,000 sq ft, with surrounding land areas ranging from 12,000 and 20,000 sq ft.
Other developments within the vicinity offer built-ups of 5,000 to 10,000 sq ft.
Each unit at The Reserve is priced between RM5.3 million to RM6 million.
The development is expected to be ready in mid-2013.
