KUALA LUMPUR (Dec 19): Mah Sing Group Bhd announced on Monday (Dec 19) a 95% take-up of its 806-unit Tower B in M Astra in Setapak, Kuala Lumpur, after the official launch last weekend (Dec 17).

M Astra is a mixed development comprising two blocks of serviced suites with a gross development value (GDV) of about RM618 million. The development comes with three- and four-bedroom units and built-ups ranging from 850 sq ft to 1,044 sq ft. The selling price is from RM399,000.

There are also 24 retail lots with plans to accommodate drive-through food and beverage outlets. The retail shops available for sale are 100% taken up and confirmed tenants include Coffee Bean and Tea Leaf, and Jollibee.

“We are glad to see that M Astra is well received by homebuyers during its official launch. This is a testament that properties located in well-connected and matured neighbourhoods are in high demand," Mah Sing’s founder and group managing director Tan Sri Leong Hoy Kum said in a press statement.

"With the encouraging response from M Astra as well as the sales momentum for the rest of our affordable M series developments, we are confident that we are well on track to achieve our 2022 sales target of RM2 billion. As of Sept 30, 2022, Mah Sing has recorded RM1.69 billion in new property sales.”

M Astra is easily accessible as it is surrounded by ready amenities such as primary and secondary schools, educational institutions, public transport, shopping malls, and hospitals.

“M Astra is also a sustainable development enhanced with green features which help to reduce energy consumption and wastage. These include the use of energy efficiency lighting (LED) in common areas, low volatile organic compound (VOC) paint and adhesive for better health of occupants, enhanced indoor air quality through cross ventilation in all rooms, rainwater harvesting and more,” said Mah Sing chief executive officer of property subsidiaries Yeoh Chee Beng.

Some of the common facilities of M Astra are a multi-age playground, an amphitheatre, gathering space, urban farming area, a BBQ area, automated waste collection system and an electric vehicle charging station.