(From left) Setiakon Builders Sdn Bhd project director Lim Kar Eng, Setiakon Builders director of operations Chop Yap and Setiakon Builders managing director Datuk Kuan Ah Hock, with Avaland Bhd chief operating officer Aw Sei Cheh, Avaland chief executive officer Apollo Bello Tanco, Avaland chief financial officer Shirley Leong Lee Chuin, Avaland project development director Wee Pang Siang and WDA Architects Sdn Bhd principal Hanc Wang Hon Choon at the topping out ceremony of Alira Subang Jaya at Tropicana Metropark, Subang Jaya, on Monday, July 29, 2024. 

KUALA LUMPUR (July 30): Avaland Bhd (KL:AVALAND) topped out Alira Subang Jaya, a serviced residence in Tropicana Metropark, Subang Jaya, which has achieved a 95% take-up rate, on Monday (July 29), according to a press statement on Tuesday. 

With a gross development value (GDV) of RM578 million, the freehold Alira Subang Jaya comprises two towers offering 832 units with built-ups ranging from 695 sq ft (square feet) to 1,048 sq ft. Unit selling price starts from RM570,000 and the project is expected to be completed by November 2025.

Avaland chief executive officer Apollo Bello Tanco said in the statement: “We are thrilled to announce that Alira Subang Jaya has achieved an outstanding 95% take-up rate and reached its topping-out milestone ahead of schedule. This remarkable accomplishment is a testament to the strong market demand and investor confidence in our project. It reaffirms our commitment to delivering outstanding homes that meet the highest standards of quality and sustainability”.

Alira Subang Jaya offers 60 facilities, including a swimming pool, spa, gymnasium, mini library and singing lounge. 

Meanwhile, Avaland’s second project in Tropicana Metropark, namely Amika Residences, has achieved a 65% take-up rate since its launch in March this year. The serviced residence project has a gross development value (GDV) of RM452 million and comprises 468 units. 

According to the statement, Avaland has recently introduced its E.A.S.Y Ownership Campaign that offers benefits including partial furnishing packages and subsidised stamp duty for memorandums of transfer (MOTs) across projects in its AVA Prime series, including Alira Subang Jaya, Amika Residences and Alora Residences @Avenue 25 in Subang Jaya.