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Rental Return Rates Attracts Buyers For Taragon Kelana

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Taragon Kelana Commercial Centre, Kelana Jaya’s latest development by property developer Blackstone Seven Sdn Bhd has sold over 80 percent of it’s interior. On track for completion by the end of 2011, launched in early 2010, the freehold property is now offering an attractive guaranteed rental return of 7 per cent for 36 months for its last 2 floors of office suites.

“Taragon Kelana Commercial Centre is progressing well with its superstructure completing soon. The limited number of units available and brisk sales has demonstrated that this commercial centre is a very much desired property within the Klang Valley. We are now opening the last two floors for sale on a guaranteed return basis as there are many rental enquiries and we are confident of this excellent location. Many buyers will be setting up their own businesses and we are considering moving our headquarter here too” said Allstones Group Asia Chairman, Mr. K.H. Sim.

Taragon Kelana Commercial Centre is situated on a freehold prime land with easy access to and from the Lebuhraya Damansara Puching (LDP). Once completed, Taragon Kelana will feature all the necessities and modern designs of a contemporary commercial centre including a three-tier security system for its office tower, landscaped piazza with water features, easy accessibility and excellent frontage to the LDP. In addition, surrounding road systems are in the progress of being upgraded by the developer of the Paradigm mega mixed commercial project and Taragon Kelana has obtained approval for a direct ingress into its building, making this centre easily accessible directly from LDP.

Purchasers interested in the remaining available floors are encouraged to visit the site sales office at 2A-1, Jalan SS 6/6, Kelana Jaya, open daily from 10.00 a.m. to 5.00 p.m or contact 03-7805 7162 for further enquiries.

About Allstones Group Asia
Establised since 2000, the Allstones Group Asia is in the business of property development, investment and real estate management services. The Group developed its niche in the specialised situation properties market and has since taken on residential, commercial, hotel and retail developments within South East Asia. As a leader in its field, Allstones Group Asia offers an in-depth understanding of the property market fundamentals and trends on a local and regional scale. Headquartered in Kuala Lumpur, the Group has successfully completed several developments in Malaysia. These include Taragon Puteri YKS, Taragon Puteri Cheras and Taragon Puteri Bintang. In addition, the Group has an ongoing project, Taragon Kelana and will be launching new projects in Kuala Lumpur and Petaling Jaya in end 2011 and early 2012. Past investments include Taragon Mont Kiara, Taragon Puteri Kemensah and the purchase of distressed mortgages in Malaysia. The dynamic Allstones Group Asia comprises of Allstones, Bluestone, Blackstone, Redstone and Taragon Malaysia

About Blackstone Seven Sdn Bhd
Blackstone Seven Sdn Bhd is a 100% subsidiary of Allstones Group Asia. The company is the developer for Taragon Kelana, a commercial project strategically located in the commercial centre of Kelana Jaya, Selangor which is due to be completed in the 4th quarter of 2011. Taragon Kelana is a freehold property comprising 60 units of office suites in a three-tiered security, with a high-end lobby in the office tower (Menara Taragon), five
ground retail lots and eight blocks of shop offices.