KUALA LUMPUR (Feb 25): OCR Group Bhd (KL:OCR) has launched the first phase of its latest high-rise residential development named Kyra Collection in U9 Shah Alam, Selangor, according to a press statement on Tuesday.
The first phase of the development called Residensi Akasia is part of the Rumah Selangoku affordable housing scheme and offers a total of 963 units spread across two towers. All units will have three bedrooms and three bathrooms with a built-up area of 1,023 sq ft. The unit selling price is RM288,000. Residensi Akasia has a gross development value of RM287 million.
Kyra Collection, as a whole, will be spread across 20.46 acres and will be developed in four phases with 2,892 apartment units in total and a retail component.
The statement also highlighted that the developer had obtained the certificate of completion and compliance for its Isola KLCC condominium development on Feb 12 and has started handing over the units to its buyers.
Isola KLCC, which is situated on Jalan Yap Kwan Seng, comprises 140 units with one- to three-bedroom layouts and built-ups ranging from 636 to 3,390 sq ft. Units are priced from RM1.15 million. The freehold project has an estimated GDV of RM276 million and is 88% sold.
In the statement, OCR group managing director Billy Ong Kah Hoe said, “The successful launch of Kyra and the completion of Isola KLCC reflect OCR’s versatility in delivering homes that cater to different market segments.
“We remain committed to providing Malaysians with well-designed, high-quality homes, whether through affordable housing projects or premium urban residences. With Kyra, we are supporting homeownership aspirations, and with Isola KLCC, we are enhancing city living for discerning buyers,” he added.
According to the statement, the developer plans to launch a landed residential development called D’Templer Hilltop Residences in Rawang, Selangor, in 2Q2025.
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Source: EdgeProp.my
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