Saturday, 25 August 2012
BM Mahkota: An Ambitious Plan
Finally, the new landed house price in Alma area is so expensive until there is a need to build condominium? However, the condominium price will not come cheap either...
DNP Land is on its way to launch its first high-rise project BM Mahkota in Bukit Mertajam, tentatively in the first half of 2013.
BM Mahkota is located at Impiana Square, or previously called Impiana Commercial Hub, sandwiched between Tesco and future Aeon shopping center.
It comprises 3 blocks of 22-storeys service apartments with built-up area between 900-1200 sq ft. The estimated price is above RM300,000 each unit. This means that the commercial title unit will be priced above RM333 per sq ft, which is almost like PJD's Wellesley Residences at Harbour Place, Butterworth.
Impiana Square: earthwork done at BM Mahkota site
The 360 units of service apartments will be built on top of a 4-storey shopping complex. If successful, it will turn Alma into a business center & shopping heaven with the likes of Tesco, Aeon, and Impiana Square shop offices.
Besides the service apartment, a high-rise hotel is also planned in a separate piece of land adjacent to BM Mahkota.
Site of BM Mahkota and the hotel
The first phase of Impiana Square shoplots are expected to obtain OC soon. The area is boosted by the entry of McDonald's restaurant located at the car park of Tesco where the construction has begun. Lets wait and see what kind of business will come to this area soon.
McD under construction