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January 6, 2006

Good Sales for Taragon Yap Kwan Seng

We’ve noticed this new condo project on Jalan Yap Kwan Seng for a long time now, situated right at the junction with Jalan Tun Razak. There is a huge billboard announcing the project name and contact number of the place, but work hasn’t started yet (from what we can see).

According to a report in the Edge, the developer, Bluestone Group Malaysia (BGM) has announced that sales for the luxury condominium has reached 65% since the launch in October.

location map

The Edge also reports:

Taragon YKS, located in nearb KLCC, is a 12 1/2-storey condominium development that comprises 32 standard units, four sub penthouses and four penthouses.

Sited on a freehold land, it is going for RM378 per sq ft with the standard units ranging between 1,767 and 1,895 sq ft and four sub penthouses and four penthouses with built-up areas of 2,196-2,405 sq ft and 3,121-3,210 sq ft, respectively.

While some people may view the KLCC luxury condo market as getting overcrowded, the developer still feels the project will continue to sell well. Construction will commence this month, having been awarded to Solid Gold Venture Sdn Bhd, and is expected to be completed in July 2007. BGM has also appointed Evan V Horsnell as the construction managers.

The people behind BGM has local and international expertise in construction. Other than Taragon Yap Kwan Seng, they are also developing Taragon Puteri Cheras, a mixed development of 141 units of 3 and 4-storey of townhouses in Cheras.

More info can be obtained from their website at here.

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