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theedgeproperty.com’s Home Sweet Home fair pops up in Penang today on a mission to help homebuyers make better decisions.

The condo’s facilities include a gymnasium, swimming pools, jogging path, courts for tennis, squash and badminton, a playground, barbecue area, and a covered car park

The group’s acting chief marketing officer, Zadil Hanief Mohamad Zaidi yesterday said the project, comprising 245 residential units with built-ups between 1,333 sq ft and 1,771 sq ft in a 35-storey tower, has recorded a take-up rate of almost 60% since its unveiling

We gather that UEMS plans to convert the building into ultra-luxurious residential, potentially with a mix of ground-floor retail and serviced apartment components. Rationale for the purchase is to ensure a steady flow of overseas projects. The property is in a different location from the two core CBD sites currently owned by UEMS.

UEMS subsequently intends to convert the building into an “ultra luxurious” residential development

Subang Jaya assemblyman Hannah Yeoh said the Subang Jaya Municipal Council will provide the space for residents who were keen to take up the community garden project

According to the group, Zurich Insurance Malaysia Bhd have mutually agreed to extend the purchase completion of the land, which fronts Middle Ring Road 2 (MRR2), for a further three months to Oct 31, 2015 due to the said reasons

It inked the MoUs with: PTS Impression Sdn Bhd (PTS Impression), Yuten Development Sdn Bhd (Yuten), Terrawest Resources Sdn Bhd (Terrawest), Land & Build Sdn Bhd (Land & Build) and Admiral City Sdn Bhd

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Its first project is Agile Mont’Kiara, which will comprise 813 units of condos across 11 high-rise and low-rise blocks, with built-ups from 1,200 sq ft to 5,000 sq ft and prices are tentatively at RM950 psf.