SHAH ALAM: I-Bhd, which will launch the RM820mil Grand i-Residence service apartment in Jalan Kia Peng, Kuala Lumpur next month at an average price per RM2,300 per sq ft, expects an almost full take-up rate based on the interest it is now garnering.
“We are launching about 450 units, and we are offering small units. This has been our niche for our developments in Shah Alam. We are not going to Kuala Lumpur with unit sizes of 2,000 to 3,000 sq ft. We expect i-Residence to be fully sold,” I-Bhd deputy chairman Datuk Eu Hong Chew told reporters after the company’s EGM yesterday.