M101 PROVES DELIVERY TRACK RECORD WITH THE TOPPING-UP OF FIRST BLOCK – M101 DANG WANGI
Group on track to deliver second project, M101 Bulit Bintang by 2Q2018; with works starting on flagship project M101 Skywheel
KUALA LUMPUR – M101 has proven the Company’s ability of timely delivery. The Company recently held a topping-up ceremony for its maiden project: M101 Dang Wangi, symbolizing the completion of the development’s structure. The ceremony was attended by the M101’s new board of directors’, namely Dato’ Seth Yap, Datin Lea Chan, Dato’ Joseph Yap and Mr Teoh Chie Lean. The freehold M101 Dang Wangi is scheduled for vacant possession by 2Q2017.
Dato’ Seth Yap, CEO of M101 who acquired full ownership of the Company in the 2H2016 has proven his leadership to led his new team to success. He said, “Together with my new team, we are looking forward to delivering our maiden project, M101 Dang Wangi. Following the completion of the development’s structure, we are now entering into our finishing stage and we targeting to handover by 2H2016. Hence, buyers of M101 Bukit Bintang can rest assured of timely delivery by 2Q2018. Works has also started on our flagship project, the iconic 78-storeys M101 Skywheel designed by Studio F.A Porsche.”
“With the timely delivery of M101 Dang Wangi, we have proven a developer that live up to our brand promise. Our buyers can rest assured that we will aggressively work towards delivering a development in a timely manner at the highest quality,” Dato’ Seth Yap further added.
M101 Dang Wangi
M101 is an integrated freehold development offering commercial and retail products has an estimated gross development value (GDV) of RM130 million. “We are pleased to share that the M101 Dang Wangi is 100% taken-up. Because of its strategic location on Heritage Row, we are confident that with the right tenant mix, it has the development will drive the international market into Heritage Row and thus reviving the old charms of the area”, said Dato’ Seth Yap.
M101 Dang Wangi is spread across 11,500 sq ft of land and comprises 12 storeys SOFOs small offices/flexible offices) as well as 4 storeys of retail units. The concept behind the development is a balance of luxurious living with an affluent, urban backdrop with colonial-style façade retails at ground level transpiring to modern living as the building rise upwards with a skybar on the rooftop to complete the development. The development will be managed by Best Western Hotels.
The development includes a 5-star lobby concierge area leading up to the hotel where each unit features a keyless access card system. Guests at the hotel will also enjoy swimming in an infinity pool and working out on a rooftop gym with an unblocked KLCC view.
Another key feature about M101 Dang Wangi is the car park lift system. The system offers convenience for vehicle users and efficient usage of space for urban-based development. The system requires less building volume and less ground area than a conventional facility with the same capacity, making it an ideal solution to developments located in city areas.
Heritage Row, Dang Wangi
M101 Dang Wang is situated in the heart of famed heritage precinct of Kuala Lumpur with the KLCC approximately 5km away. The neighborhood comprises a mix of pre-war shop houses and modern office building including SME Bank, Heritage House and Wisma Kurnia.
It is easily accessible from the city centre via Jalan Ampang, Jalan Sultan Ismail, and Jalan Raja Abdullah. The development is also easily accessible via public transport such as LRT and Monorail. Within walking distance with the development is the well-known Heritage Row of restaurants and entertainment outlets and Sheraton Imperial Hotel and the newly opened Quill mixed development which comprises of Shopping mall, retail outlet and offices.
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