KUALA LUMPUR (Aug 21): Mah Sing Group Bhd announced a 90% take-up rate for Tower A of M Nova, a mixed development located in Taman Wahyu, Kuala Lumpur, over the weekend. Due to the good response, Tower B is now open for sale.
With an estimated gross development value of approximately RM790 million, M Nova comprises three blocks of serviced residences with three layouts — 700 sq ft (two bedrooms), 850 sq ft (three bedrooms) and 1,000 sq ft (four bedrooms) — priced from RM328,000. The project also comes with 11 units of retail lots and one drive-through retail unit.
According to a statement issued by Mah Sing on Monday (Aug 21), the 624-unit Tower A was opened for sale last weekend and 90% of the units were taken-up.
“We are happy to see M Nova, our third development in Kepong following Lakeville Residence and M Luna, is well-received by homebuyers. This clearly demonstrates that Mah Sing is on the right track with its focus on offering products that align with market demand at attractive price points, practical layouts and well-designed features, and [strategic location],” Mah Sing’s founder and group managing director Tan Sri Leong Hoy Kum said in the statement.
Surrounded by matured neighbourhoods of Selayang and Kepong, Taman Selayang Jaya, Batu Caves, Bandar Menjalara, Segambut, Taman Seri Gombak and Sentul, M Nova is 12.9km away from the Kuala Lumpur City Centre. It has good connectivity with direct access to Middle Ring Road 2 (MRR2), Jalan Kuching, Jalan Kepong and Duke Highway. In terms of public transportation, M Nova is located 6.9km from Metro Prima MRT2 Station, and 3.1km from Taman Wahyu KTM station.
Mah Sing’s chief executive officer of property subsidiaries Yeoh Chee Beng noted that other than offering well-designed developments at strategic locations, the company is also committed to keeping its brand promise to deliver sustainable and affordable homes to Malaysians. “M Nova has obtained provisional GreenRE Bronze certification for green building, alongside M Astra and M Panora. We will strive to achieve the same for our ongoing and future developments.”