LUMPUR, 3 September 2015 - Agile Property Holdings Limited, one of China's
leading property developer says the timing of its entrance into the
Malaysian property market could not have been better.
The Hong Kong- listed mega developer finds the local property market still
attractive, especially Kuala Lumpur with the recent weakening of the
Lumpur is already very attractive with its impressive infrastructure. If you
are looking from the outside the property market here is now even more
attractive with the weakening of the ringgit, "said Wilson Ren, CEO of Agile
Real Estate (M) Sdn Bhd.
through its local subsidiary Agile Real Estate Development (M) Sdn Bhd is
developing Agile Mont Kiara in a 70:30 joint venture with PJ D Development
at the matured and affluent international township of Mont Kiara, the
development is strategically located close to many amenities including Publika,
a popular upscale neighbourhood shopping mall.
Mont Kiara which has a gross development value of RM1.4 billion
will be built on a freehold residential land area of 10.16 acres.
entire development consists of a total of 11 blocks of condominiums with a
mixture of low rise, medium rise and high rise. A total of 813 partially
furnished units comprise 2+1 bedroom, 3 bedroom, 3+1 bedroom and 2 dual keys
units will be offered.
completion date is September 2018.
the ground breaking ceremony of the project on 3rd September 2015, Ren
said in his speech the location of Agile's maiden project at Mont Kiara,
will allow the company to showcase Agile's passion not only for development of
quality homes but also a quality living environment.
this respect, a key feature of the development is the 6 acres of green and open
spaces for residents to cherish and unwind after a hectic day in the city.