Insas’ foray into property development with its 2 maiden development, Putra Residen @ Bukit Rahman Putra and Ampang Putra Residensi.
Having assembled a dedicated team of experienced professionals and an unwavering determination to succeed, the two projects were launched in the market in early 2007 and recorded very encouraging take up rate despite it being a relatively new player in the industry.
The team has just “one” mission, which is to deliver Great Homes to its customers.
Putra Residen @ Bukit Rahman Putra is perched on an elevated freehold land and surrounded by vast greeneries, plenty of fresh air and a scenic view overlooking the Bukit Rahman Putra Golf Course on one side and the Kuala Lumpur City view on the other side. It comprised 57 units of exclusive tropical design garden bungalows. Some of the units were snapped up by purchasers even before the show units are completed for viewing. The project gross development value is about RM60 million.
Ampang Putra Residensi is located in the prime area of Jalan Ampang Putra, within the vicinity of Ampang Point and One Ampang Avenue and 10 minutes drive from the KLCC. The development comprised 18 units of 3 storey shop offices and 2 blocks of service apartment, each block consisting of 156 units of apartments. The shop offices and the 1st block of apartment have been sold within months of its launching in the market. The gross development value of the project is about RM120 million. The group plans to launch the 2nd block of the apartment for sale in early 2008.
The group will continue to identify and invest in good property investment and development projects in the Klang Valley that yield attractive return and have good development potential.