D’Sara Sentral records an overall 81% take up rate

D’Sara Sentral records an overall 81% take up rate

Kuala Lumpur, 30 November  – Mah Sing Group (Mah Sing) held the first preview of D’sara Sentral’s final tower, OLO Serviced Residence last weekend. The preview received encouraging responses from the public with the overall development recording 81% take up rate.

The OLO Serviced Residence tower of D’sara Sentral has a total of 197 units with built up starting from 782 sq ft. The starting price of the units is from RM603,000.

One of the factors that contributed to the positive take-up rate is the convenience of accessibility. The development falls under MRT Line 1, Kampung Selamat Station which will be operational on 16 December. This enables the development to be easily accessed by visitors and residents.

Ho Hon Sang, Chief Executive Officer of Mah Sing said, “The MRT service will be an added value for the retail component of D’sara Sentral as this convenience puts the development at a high visibility with a ready catchment of residents as well as the nearby community. Residents will also benefit from this service as it provides easy accessibility from their home to various parts of the city.

“We are very thankful for the support from our customers. Our Mah Sing brand will continue to put utmost importance in exceeding customer’s expectation and deliver high-quality products,” Ho continued.

A covered walkway will be built to provide a direct access and shorten the walking time to the MRT station to only 3 minutes. Construction of the walkway is expected to be completed by June 2017.

D’sara Sentral is an integrated development with both residential and commercial components. It has a gross development value (GDV) of RM911million that stands on 6.55 acres of land. The development comprises Retail Shops, one tower of SoVo and four towers of serviced residences.

Retail Shops is 83% completed with architecture work ongoing while SoVo and the first 2 towers (SA1 and SA2) of serviced residence are at 40% completion with structure framing reaching level 22, level 18 and level 19 respectively.

The final 2 towers of serviced residence (SB1 and OLO) is 30% completed with structure framing reaching level 9 and level 8  respectively.

As an integrated development, it is anticipated that D’sara Sentral will be the “catalyst for growth” in the Sungai Buloh area. Upon completion, the development will be able to garner a following to the place due to the lack of entertainment centres and activities in the area at the moment. It has a potential to become the hotspot for people to gather because of its promising outlook of retail shops.

The Sungai Buloh area is slowly seeing progress with the gradual development of local places such as Subang Bestari, Damansara Damai, Kampung Melayu Subang, Puncak Alam and Saujana Alam.

With the abovementioned factors contributing to the growth of the development, it is in a position for high capital gains and rental earnings in the future.

 

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