The Star, Saturday October 27, 2012
MKH has strong foothold in Kajang, Semenyih
MKH Bhd, formerly Metro Kajang Holdings Bhd, has 500 to 600 acres, most of which are in the Kajang-Semenyih area. The mid-sized developer has outlined some of its future developments which include:
MKH Boulevard: This will include high-rise development on four acres of leasehold land within Kajang town centre comprising 308 units of serviced apartments and 30 units of three and six-storey shop offices with a total gross development value (GDV) of RM172mil.
The target launch is next year.
● Kajang East Township in Semenyih: A 135-acre township that is yet to be developed.
It will offer 770 units of residential comprising terrace housing, semi-detached and shop offices with a total GDV 600mi. The target launch is between 2015 and 2016.
● Reko Avenue: A high-rise residential development located on six acres of freehold land close to the proposed MRT station and near Kajang 2 township.
It will comprise 576 units of serviced apartments and 41 units of two, three and five-storey shop offices with a GDV of RM180mil. The target launch is between 2017 and 2018.
MKH's ongoing developments include:
● Kajang 2: MKH's flagship town which will comprise 5,000 units of mixed commercial and guarded development, as well as strata developments with an estimated GDV of RM2.6bil to be developed over seven years.
So far, two-storey terraced housing and semi-detached units with a GDV of RM116.6mil have been launched. As of June this year, it has sold 95% of its units.
There are plans to have 32 units of three-storey bungalows, 242 units of 2-storey superlink housing, and six blocks of serviced apartments and 20 units of three-storey low-rise villas.
The KTM and MRT station next to it is expected to further boost assessibility. Currently, only 50 acres of its 273 acres have been developed.
● Hill Park Homes, Semenyih: About half of its 200 acres have been developed. As of June this year, close to 100% of its properties comprising 1,400 semi-detached, two-storey terraced housing have been launched.
There are plans to launch double-storey housing, semi-detached units and 10 units of shop offices in three years.
MKH has other projects in Melawati, Bangsar and Semenyih.
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