SELAYANG: The 660 units in Block C of 168 Park Selayang comprising commercial units and designer suites are now completed and ready for vacant possession, with the first letters going out to their respective owners on Aug 30, 2024.
“This is truly a major milestone for this maiden project of ours. We were taking over a project that had been abandoned. Our expertise was in construction, not in property development. We are extremely proud to say that we will meet the deadline of delivering the 660 units for Block C on time, as promised. For the affected buyers, who have waited eight to ten years for this day, the wait is finally over,” said 168 Park Selayang Sdn Bhd’s Director of Business Development Mr Lorenz Tong.
168 Park Selayang Sdn Bhd was established by the founders of Infra Segi Sdn Bhd in 2021 after the latter was the approved white knight by the High Court to revive the Selayang Star City project which had been abandoned in 2016. Under the judicial management order (JMO), Block C of 168 Park Selayang is to comprise the units for all the affected buyers of the abandoned Selayang Star City project.
“It is common practice that when a development project gets revived, buyers will be asked to top up on the original purchase price, especially if some time has passed. We decided that we would not place this heavy burden on the affected unit owners,” said Tong.
He also shared that although the JMO only required that the specifications of all affected units be built as per the old sale and purchase (S&P) agreement, 168 Park Selayang decided to showcase its sincerity and workmanship capabilities as a first-time developer by implementing some upgrades to affected units.
“In the original S&P, certain internal floor areas and the balcony were cement rendered only, which we have now upgraded to tiles. Bathroom tiles were originally up to a height of 1500mm, but we have increased it to ceiling height. Air conditioning points which were previously not available, have now also been added,” he said.
Talking about the upgrades, Tong also shared that facilities have been upgraded from 12 to 26 features and that a lift lobby for Block C is also an added feature. The entire facade, which was supposed to be the dated smooth concrete block design, has now been upgraded to spray tiles for a more modern look.
“Depending on the type of unit they originally bought in the previous development, we also provided an extra car park or a larger unit size, without requiring buyers to pay a single cent,” he said.
“I firmly believe we have undertaken every possible care and consideration for Block C unit owners, who were unfairly burdened with worry and uncertainty when the project was abandoned. We want to assure all the affected buyers that 168 Park Selayang is capable, fully committed, and sincere. We are here to do business the right way,” Tong emphasised.
“On our initiative and cost, we engaged an external team to conduct defect checking on all the Block C units that will be handed over soon. We are holding ourselves to high standards of quality delivery for all our customers.”
Block C unit owners can look forward to a smooth process when they finally get the keys to their units, Tong assured.
“This is the very first handover process for 168 Park Selayang. We are committed to making sure we do well. To ensure seamless support throughout the whole process, unit owners can contact our dedicated VP team through 012-3377969,” Tong added.
The original Selayang Star City development, sitting on seven acres of land, comprised three residential blocks with 2,269 designer suites and another block – operated as a hotel – comprising 305 serviced suites. A five-storey mall with a net lettable area of 550,000 sq ft (square feet) would be situated under the hotel block.
The redesigned 168 Park Selayang has a gross development value of RM945 million and consists of three residential towers, a four-acre facility floor on Level 9, and a two-storey community mall with a total lettable area of 235,500 sq ft.
Lush Residence, or Block A, has a total of 477 units with built-ups ranging from 560 sq ft to 1,050 sq ft and prices starting at RM294,000. Block A has achieved a 90 per cent take-up rate and targets to complete by 3Q2025.
Bole Residence, or Block B, is a 49-storey tower comprising 956 units with built-ups ranging from 674 sq ft to 1,074 sq ft and prices starting at RM397,000. Block B has achieved a 45 percent take-up rate and construction has just begun. Bole Residence is the tallest building in Bandar Selayang, Selangor and is targeted for handover by 2Q2026.
Tong shared that the mall, which includes 850 parking spaces has a net lettable area of 235,000 square feet, which is significantly less than the 550,000 sq ft in the original Selayang Star City development. The opening date of the mall is targeted for 11th November 2024.
168 Park Selayang is easily accessible via Jalan Ipoh, Jalan Kuching, Middle Ring Road 2, DUKE, and Kepong-Selayang highway.
