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MKH Launches First Transit-Oriented Development in Kajang

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MKH Launches First Transit-Oriented Development in Kajang Headline MKHlaunches first transit-oriented development in kajang MediaTitle The Edge Date 10 Dec 2018 Language English Circulation 25,785 Readership 77,355 Section City & Country Page No CC6 ArticleSize 752 cm² Journalist BY RACHEAL LEE PR Value RM 38,844 PICTURES BY MKH MKH launches first transit-oriented development in Kajang SUHAIMIYUSUF/THE EDGE BY RACHEAL LEE city, co untry(i)bize dge.com KH Bhd, formerly known as Metro Kajang Holdings, is noted for its de- velopments in Kajang, Selangor. Over the years, the developer has ventured into other areas in the Klang Valley. This month, MKH will launch Ka- jang's first transit-oriented development (TOD). MKH Boulevard II is located on a 2.4-acre free- hold parcel next to the Kajang MRT and KTM interchange station. With a gross development value (GDV) of RM241 million, it will offer 604 serviced apartments in a 34-storey block on top of a 8-storey retail and carpark podium. There will be 42 double-storey MKH retail units with built-ups of 476 to 1,908 sq ft. MKH managing director Tan Sri Eddy Chen Boulevard II says most of the retail units will face the main will be able road. Also, the development will be connected to the interchange station via a covered walkway at to achieve the ground level. a take-up Facilities include par course equipments jog- ging path, swimming pool, wading pool, Jacuzzi, rate of 75% barbecue area, gymnasium, outdoor playground, by year- multipurpose hall and games room. end based The serviced apartment block is open for regis- tration and 65% of the units have been taken up.The on the 550 to 950 sq ft units are priced from RM250,000. price and "We have a good mix of owner-occupiers and investors. Currently, we are selling to buyers on ocation" Artist's impressions our database, who are from all over the Klang - Chen ... MKH Boulevard Valley. We have projects everywhere," Chen says. II will offer 604 He believes that MKH Boulevard II can achieve serviced apartments a take-up rate of 75% by year-end based on the price in a 34-storey block and location. Both the serviced apartments and on top of an 8-storey retail units are scheduled to be launched on Dec 15. retail and carpark podium Chen notes that the starting price of RM250,000 highways such as Cheras-Kajang Expressway, allows young people to own a property and hedge North-South Expressway Central Link,Persiaran against inflation. Public transport on their door- Saujana Impian, Jalan Semenyih and Kajang step also allows residents to commute. Dispersal Link Expressway. "We are targeting first-time homebuyers and It is inspired by the concept of "nature liv- young families for this project. It is a TOD, so ing" to provide a blend of nature that encour- the units can be smaller, which can be starter ages community living at the facility deck on homes for many people. It allows young people the rooftop of the podium. Some 50,000 sq ft of to build equity straightaway ... which comes space has been allocated for landscaping and with good growth potential," he says. facilities. "Also, even our smallest unit (550 sq ft) comes Chen notes that the road fronting the de- with 1 + 1 rooms, which is good for young fam- velopment, Jalan Bukit, will also be upgraded ilies. As for investors, MKH Boulevard II is lo- from the current two lanes into four lanes to cated opposite New Era University, whose stu- ease traffic congestion. dent population can be their potential tenants. MKH is looking to build more TODs, especial- There are also various amenities around." MKH ly those in the affordable price range, so as to Boulevard II is surrounded by shopping centres not add to the traffic woes in the Klang Valley. such as MetroPoint, Plaza Metro Kajang, Ostia "We are building affordable homes with amen- Kajang, Econsave andTesco Kajang,Kajang Bus ities, which come with public transport, so that Terminal as well as Hospital Kajang and KPJ people will not be stressed out when they go to Kajang Specialist Hospital. work or go out. For example, the connectivity Tertiary education institutions in the vicinity at MKH Boulevard II allows the residents to include Universiti Tenaga Nasional, Infrastruc- not only to go around the Klang Valley with ture University Kuala Lumpur, Kolej Universiti the MRT, but also to visit different states on Islam Antarabangsa Selangor and German-Ma- the KTM," he adds. laysian Institute. MKH has 500 acres of land bank with a total The development is also connected to major GDV of more than RM10 billion. B VALUATOR Company(Brand) Mention Tone ROI Affordable Homes (Affordable Homes) 1 0 0 Construction Industry Development Board (CIDB) (Industry 2 0 0 Eastern & Oriental Berhad - Industry News (Eastern & Oriental 4 0 0 Eastern & Oriental Berhad - Industry News (Eastern & Oriental 4 0 0 Econsave (Econsave) 1 0 0 Gamuda Bhd (Gamuda Bhd Industry News) 10 0 0 German Malaysia Institute (German Malaysia Institute) 1 0 0 Hospital Kajang (Hospital Kajang) 1 0 0 Industry News for Nestle - Sports (Industry News for Nestle - 1 0 0 Infrastructure University Kuala Lumpur (IUKL) (Infrastructure 1 0 0 KPJ Kajang Specialist Hospital (KPJ Kajang Specialist Hospital) 3 0 0 KPJ Selangor Specialist Hospital (KPJ Selangor Specialist 2 0 0 Mass Rapid Transit (MRT) (Mass Rapid Transit (MRT)) 6 0 0 MGCCI (Monitoring News) (MGCCI (Monitoring News)) 1 0 0 MKH Berhad (MKH Berhad) 1 0 0 PLUS Malaysia - Gamuda Berhad (North South Expressway - 1 0 0 PLUS Malaysia Berhad (North South Expressway ) 1 0 0 PLUS Malaysia Berhad (North-South Expressway Central Link 1 0 0 Public transport - Buses (Public transport - Buses) 1 0 0 Public transport - Infrastructure (Public transport - 5 0 0 Public transport - Trains / Rail (Public transport - Trains / Rail) 4 0 0 Securities Commission Malaysia (Malaysia Capital Market) 1 0 0 Selangor International Islamic University College (KUIS) (Kolej 1 0 0 Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd (SILK) (Kajang 1 0 0 Tenaga Nasional Berhad (TNB) (Tenaga Nasional ) 1 0 0 Tods (Tods) 1 0 0 UKM - internal checking only (UKM - internal checking only) 2 0 0 Universiti Islam Antarabangsa Malaysia (UIAM) (Universiti Islam 1 0 0 Universiti Tenaga Nasional (Universiti Tenaga Nasional) 1 0 0.
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