The Avare Fully Sold Out Second Board-listed Magna Prima Bhd announced that it has completed the sales of The Avare Oct 26, 2007 |
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Second Board-listed Magna Prima Bhd announced that it has completed the sales of The Avare, a 41-storey freehold condominium development located within the KLCC vicinity.
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The company said the last unit was sold at RM2,100 per sq ft (psf), up RM750 psf from its 2006 launch price of RM1,350 psf. The Avare, which comprises 78 condominiums with built-up areas of 3,800 sq ft to 7,700 sq ft, is scheduled to be completed in August 2008.
Apart from The Avare, the firm’s property development arm, which contributed over 60 percent of total turnover, is developing Magnaville in Selayang and Dataran Automobil in Shah Alam.