KUALA LUMPUR (Sept 13): JL99 Group is planning to launch its latest high-rise residential development named 99 Legend this month. The project is the second phase of the developer’s 17-acre JL Legacity development on Jalan Kuching, Kuala Lumpur.
With a gross development value (GDV) of over RM700 million, 99 Legend will offer a total of 1,214 condominium units including five penthouses spread across two connecting towers — a 57-storey Tower Anton and a 52-storey Tower Belim — on a 4.5-acre parcel.
Units at 99 Legend will come in built-ups ranging from 735 to 1,152 sq ft at selling prices starting from RM650 psf. Each unit will have at least two bedrooms, two bathrooms and two side-by-side car parking bays.
There will also be five exclusive penthouses on Levels 52 to 57 of Tower Anton, dubbed The Crown Penthouse. With built-ups of 5,000 to 10,000 sq ft, the units’ selling prices are still being finalised.
The 99 Legend project was revealed by the group’s executive chairman Datuk Seri Jeff Lee during a topping out ceremony of the 99 Residence condominium development, which is the first phase of JL Legacity on Wednesday.
To date, Lee said 99 Residence has achieved a take-up rate of over 98% and is currently 95% completed. Slated for completion by end-December, 99 Residence is nine months ahead of its scheduled completion date, he added.
With a GDV of over RM800 million, the seven-acre 99 Residence comprises 1,421 condominium units across four blocks — 54-storey blocks A, B, and C and a 55-storey block D. Units in these blocks have built-ups ranging from about 900 to 1,380 sq ft with selling prices starting from RM535 psf.
Meanwhile, the developer is looking to work on several local redevelopment projects. Lee said these projects are still in the planning stages and more details will be revealed at a later date.
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Source: EdgeProp.my
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