First business complex in Bangsar ready by 2009

Source : TODAY, Monday, October 8, 2007

HOPING to tap into the growing buying interest in real estate in Singapore, Kuala Lumpur-based developer UOA Group was here over the weekend to market their latest project in the prime Bangsar suburb.

“It is the first business complex in this area, which is actually known as a residential area for professionals working in the city,” said Mr Teh Heng Chong, UOA general manager of marketing and sales.

The 78,000-sq-ft business complex is in Bangsar Utama and will be completed in the first quarter of 2009. A single 800-sq-ft unit costs about RM500,000 ($220,000) while a 10,000-sq-ft double-storey business suite costs about RM4 million.

Among its other projects is the development of a Soho (small office home office) in Bangsar South, a first for Malaysia.