KUALA LUMPUR (May 10): OSK Property will be launching its You City III Cheras integrated transit-oriented development (TOD) this Sunday (May 12).
With a gross development value (GDV) of RM488 million, You City III features 800 serviced apartment units ranging from 678 sq ft to 1,776 sq ft and priced from RM350,000. The project will take 48 months to complete.
You City III is the third and final phase of the You City development in Cheras 9th Mile which also comprises a 3-storey You City Retail offering 87 indoor and outdoor shops managed by Atria Management Team which currently manages Atria Shopping Gallery in Damansara Jaya, Selangor.
The You City development will be directly connected to the Taman Suntex MRT (mass rapid transit) station via a link-bridge upon its completion.
“OSK Property hopes to promote sustainable urban growth in Cheras 9th Mile and the surrounding areas,” said CEO of OSK Property Ong Ghee Bin in his welcome speech at the media launch of the project here.
“Proximity to transit stations such as the MRT will ease accessibility for the urban workforce. It will also boost the project's attractiveness while raising the property value of the surrounding area,” added Ong.
Meanwhile, the maintenance fee of the project is RM0.30 per sq ft.
“Some developers include unnecessary facilities such as music room in their development but OSK Property has carefully planned its facilities to ensure they benefit residents,” said Ong.
He believes that You City III will entice first time homebuyers, families and those seeking to upgrade, adding that it takes only 15 minutes to get to the city centre via the MRT. There is also a newly-built flyover connecting You City to the Grand Saga highway.
OSK Property also revealed that it will be launching the third phase of its Iringan Bayu project in Seremban, Negeri Sembilan plus single storey and double storey semidee homes in Bandar Puteri Jaya, Sungai Petani, Kedah. — EdgeProp.my