Yong Tai and KOF Holdings to jointly develop RM200 million project in KL

14 April, KUALA LUMPUR –Yong Tai Berhad, in collaboration with KOF Holdings Sdn Bhd and Rubber Industry Smallholders Development Authority’s (RISDA), will be developing a high-end low-density condominium called Impression U-Thant in the heart of Kuala Lumpur.

Impression U-Thant, which later will be officially known as ‘Residensi Mutiara U-Thant’, will be Yong Tai’s maiden high-end development bearing its signature impression trademark amid the lush greenery.

With an estimated GDV of about RM200 million, the 1.2-acre freehold Impression U-Thant comprises 10-storey condominiums.

The built-up of the condominiums ranges from 782 sq ft to 1,632 sq ft for 108 units of six different types of layout priced from RM1.3 million.

Yong Tai’s CEO Datuk Wira Boo Kuang Loon said there is a growing trend of higher-end buyers who appreciate living within a low-density green enclave while at the same time seeking the exclusivity.

Impression U-Thant captures the essence of a traditional lifestyle with a modern twist, in the form of the innovative architectural designs, dual-key features and amenities.

“Impression U-Thant is a significant property development for Yong Tai in its pursuit to offer unique lifestyle experiences to home buyers. We are confident it will set a benchmark in the property development market with its unique and brand new offering,” he added.

The facilities of Impression U-Thant include a barbeque pavilion, community farming garden, foot reflexology, convenience shop, poolside party pavilion, indoor and outdoor gym, aqua gym, swimming pool, jacuzzi, social and picnic terrace, sunset bar, pilates and yoga deck make living in Impression U-Thant refreshing and exciting. This concept encourages residents to enjoy both outdoor and indoor recreation activities.

The development is strategically located along Jalan U-Thant overseeing Royal Selangor Golf Club and near the embassy row. It is well connected by major city roads such as Jalan Tun Razak.

The development is expected to be completed by 2021.

Interested buyers of Impression U-Thant will enjoy a special 7% rebate. There is also waiver of legal fees for sales and purchase and loan agreements for a limited period.

The groundbreaking ceremony was officiated by the Sultanah of Pahang, Hajjah Kalsom and accompanied by Tengku Fahad Mua’adzam Shah as the chairman of KOF Holdings Sdn Bhd. Also at the event was the chairman of Yong Tai Dato’ Indera Syed Norulzaman Syed Kamarulzaman, deputy director general of RISDA Abdullah Zainal and the senior deputy director of City Planning Department DBKL Puan Nor Fajariah representing the KL mayor.

 

 

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