KUALA LUMPUR (Feb 19): OCR Group Bhd is planning to launch Stellar Damansara, an upmarket low-density condominium development comprising 88 units in Petaling Jaya, in March.

The RM187.9 million leasehold project is located on a 1.49-acre strip between SMK Damansara Jaya and Sungai Kayu Ara and its units come in built-ups ranging from 2,028 to 2,530 sq ft. There will also be two penthouses measuring 3,990 sq ft each. Prices start from RM1.8 million.

According to OCR general manager of corporate development Ng Chin Yung, Stellar Damansara is part of the company’s Luxury Living product series, and the development is designed and conceptualised with multigenerational living in mind. “Stellar Damansara will be elderly friendly and pet friendly. We are focusing very much on multigenerational living, and wish to provide a luxury property for families to live together. Also, many families these days have pets. That’s why we are offering bigger layouts.”

In the same issue, City & Country is featuring IJM Land Bhd’s Sierra Hijauan development in Ampang, whose Phases 2E and 2H are scheduled to be launched at the end of this month, and Sunway Bhd’s Sunway Flora project in Bukit Jalil, which will be open for preview tentatively by end-March.

There will also be coverage of the 15th Malaysian Property Summit 2023 organised by the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS), as well as Savills (Malaysia) Sdn Bhd’s property market outlook.

Read all about it in the Feb 20 issue of The Edge Malaysia weekly.

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