KUALA LUMPUR (May 18): Asian Pac Holdings Bhd has unveiled Fortune Centra, its latest development in Kepong, Kuala Lumpur, at a media launch today. The serviced apartment project will be officially launched this weekend on May 20 (Saturday).

Sitting on a three-acre leasehold site along Jalan Metro Perdana 6 in Kepong, Fortune Centra has a gross development value (GDV) of RM326 million. It will consist of 462 serviced apartments that will be housed in three multi-level residential towers and 19 double-storey retail shops.

Asian Pac executive director Dr Raymond Yu Tat Loong said at the unveiling ceremony today that the project has just been certified as a green building.

He added that the developer plans to hold on to the retail units, to increase the value of the project.

“We believe that as it is within walking distance away from the project to AEON Big and the Mass Rapid Transit 2 station, and many other amenities, the project will create value for its residents,” said Yu.

The built-ups for the serviced apartment units will range between 775 sq ft and 1,357 sq ft, while selling prices will range from RM490 psf to RM700 psf.

Facilities at Fortune Centra include a maze garden, herb garden, gyms, swimming pools, cabana, yoga deck, gourmet kitchen and reflexology path.

The project is expected to be completed by 2020 and is already about 82% taken up since its soft launch in January, according to Asian Pac managing director Datuk Mustapha Buang.

“This is not our first property development in Kepong. All of our projects here have been very well-received. Our buyers are very happy as our products are very good investments,” he said.

On its upcoming developments, Mustapha said the developer is looking to launch a condominium project in Damansara Damai by the end of this year.

“The GDV of this 6.5-acre project is about RM300 million. It will have 520 condo units with large built-ups, hence they will be like semi-detached and bungalow units in the sky, as we like to call it,” he said.

Yu added that the developer will continue to differentiate itself via its upcoming project in Damansara Damai.

"Just like what we are bringing to Kepong this time with Fortune Centra, our project in Damansara Damai will be something uncommon in the area," he said, adding that Asian Pac is doing "something similar" in Sabah, but declined to reveal more details.