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YNH Property Bhd will be launching several luxurious residential and commercial project
s in Kuala Lumpur, with an estimated gross development value of RM2.1 billion, in late 2007 and early 2008. In the works are the RM300 million Duta Kiara 163 Suites and the RM600 million D’Kiara Place, which will begin construction in early 2008.
The Duta Kiara 163 Suites, comprising 110 units of luxurious condominium, is located on a 2.8-acre site adjacent to Duta Nusantara. Each unit, with a built-up area of at least 3,800 sq ft, is expected to be priced at around RM3 million.
The D’Kiara Place project, located next to Plaza Mont’Kiara, is a mixed-development scheme comprising two blocks of 548 service apartments and a 23-storey office block, as well as retail lots and auditorium space.
According to group financial controller Y.M. Chan, the RM1.2bil project Menara YNH, located along Jalan Sultan Ismail beside Shangri-La Hotel, will also be starting soon. “The project involves the construction of a single iconic office tower. We intend to call for tender on the construction of the project very soon,” he said.
YNH Property, said Chan, had about 17 acres of land bank in various prime locations of Kuala Lumpur, with plans for more luxurious residential property schemes. | 
