Magna Prima Launches Boulevard Business Park


(From L) Dato’ Rizal, Dato’ Rahadian and Lee with the model of Magna Prima’s Boulevard Business Park@Jalan Kuching.

To be completed by 2014, Boulevard Business Park at Jalan Kuching is a vibrant freehold commercial development comprising four-storey shop offices. The low rise commercial podium offers 94 units of shop offices with sizes ranging from 5,540 sq ft to 10,246 sq ft priced at RM550,000 onwards.

A chic hybrid of modern existence, the Boulevard Business Park tastefully fuses traditional shop offices with a leisure inspired shopping precinct and adjacent serviced apartments.

The shop offices are the first component of the 3-in-1 integrated project to be launched. Sprawled over 10.23 acres with a gross development value of RM572 million, the development’s remaining two components – the retail podium and one block of serviced apartments – are expected to be launched by the third quarter of 2011.

In conjunction with the launch of this project, buyers will be entitled to two years interest free loans via OCBC Bank through a Developer Interest Bearing Scheme (DIBS) as well as a waiver of legal fees.

“This is to create a landmark that suits the evolving needs of future generations. To achieve this, we merged modern yet functional design concepts to create a product that is aesthetically pleasing and people friendly,” says Lawrence Lee Yek Hui, Executive Director of Magna Prima Berhad.

Lee says the development carries numerous potential business opportunities, especially since it is located in a high density and established area with a huge existing population. Within a day, two blocks of the four-story shop offices were sold out and this, he says, is a positive sign.

(From L) Dato’ Rizal Abdullah (Magna Prima Berhad’s Executive Director), Lawrence Lee Yek Hui (Magna Prima Berhad’s Executive Director) and Dato’ Rahadian Mahmud Mohammad Khalil (Magna Prima Berhad’s Executive Director) during the official opening ceremony.

The Jalan Kuching development also incorporates an eye catching, green central boulevard that can be used for pre-planned events or casual gatherings. The lush landscaped foliage that is designed to adorn the space will also create sought after pockets of nature inspired spaces. The location also offers other infrastructures such as schools, clinics, recreational facilities and easy to access to highways and major roads.

About Magna Prima
Magna Prima Berhad is a public listed investment holding company, and via its subsidiaries is involved in property development, construction, trading and management services. Based in the Klang Valley, this boutique developer focuses on pocket-sized projects that are in high density locations, benefit from easy accessibility, have a significant gross development value and attract healthy take up rates. Magna Prima’s two current signature projects are The Avare @ KLCC and the Boulevard Business Park along Jalan Kuching.