High-end condo in KL centre looks to launch M'sia's 1st en masse sale

Desa Kudalari, which is over 30 years old, commands indicative land values of RM2,000-RM3,500 psf: promoters

Kuala Lumpur

MALAYSIA could see its maiden en masse sale if owners of the first high-end condominium project in the city centre proceed with a proposal for the redevelopment of the whole property - an initiative that would allow them to realise the best price for their KLCC enclave-sited apartments, its promoters say.

As current indicative land values are RM2,000-RM3,500 (S$690- S$1,200) psf, or 2-3.5 times the last transacted price of RM960 psf (based on the unit price of RM1,250 psf transacted last...

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