Wednesday, 30 January 2013

Pantai Sentral (by IJM & Amona)


Pantai Sentral (by IJM & Amona)
Pantai Sentral is strategically located in Kerinchi / Pantai daman corridor next to bangsar South and nearby neighbourhood and popular hotspot of Pantai, Bangsar and Mid Valley City.

Pantai Sentral (by IJM & Amona)
Pantai Sentral is destined to be one of Klang Valley’s choice locations in view of its proximity to Kuala Lumpur city centre and the prime neighbourhood of Bangsar, Damansara Heights, Pantai, Old Klang Road, Bangsar South City, KL Gateway, KL Eco City, Mid Valley City, KL Sentral and the future Setia Federal Hills and The Establishment KL.

This is a long term project with a large shopping mall with condos, serviced apartments, soho, offices, hotels, urban parks and lake.
Pantai Sentral (by IJM & Amona)

IJM Land Bhd is undertaking a property development via a joint venture with Amona Development Sdn Bhd in the Kerinchi/Pantai Dalam corridor here. Murni Lapisan Sdn Bhd had inked a JV agreement with Amona to develop about 57.8 acres of leasehold land. The joint venture shall be known as Amona-Murni Lapisan JV. Amona had on 21 June 2012, entered into a privatisation agreement with the landowner Datuk Bandar Kuala Lumpur to build residential and commercial units on the site. Under the JV, Amona and Murni Lapisan would make available funds in proportion to the profit sharing ratio of 60:40 to pay for all costs of the project.

This would include payments to Datuk Bandar, comprising of the project land value and the minimum guaranteed profit of RM331mil, or RM391 million for the project land value and the minimum guaranteed profit if project land value to be paid within three years from the date of the SPA; and the additional profit of 20% of the difference between the actual profit and the minimum guaranteed profit.
Pantai Sentral (by IJM & Amona)

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