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Berjaya Land Bhd (BLand) will be launching luxurious link bungalows in Taman Seputeh, Kuala Lumpur. The project, named Vasana 25, will have a gross development value (GDV) of RM109 million, and wil
l be built on two hectares of freehold land.
The Vasana development will be launched in early 2008 and will comprise 22 link bungalows and three bungalows. The link bungalows, which will be priced from RM3 million, will have built-up areas of 4,000 to 5,000 sq ft and land areas of 5,000 to 7,000 sq ft. Some of the link bungalows which will be built on higher ground will come complete with elevators.
BLand properties marketing general manager Mah Siew Wan said that she expects the three-storey bungalows to be "very well-received", due to its gated community concept.
Mah said that another project to be launched by year-end is Savanna 2, located in Bukit Jalil. The developer is currently awaiting building plan approval.
Savanna 2 will be a four-storey block with 32 units of condominium villas built on 0.49 hectares of freehold land. This development follows in the success of Savanna, a two-block condominium which was rapidly sold after its launch in October 2005.
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