City Motors Group’s Alfa Bangsar hits 90% take-up

This article first appeared in City & Country, The Edge Malaysia Weekly on November 27, 2023 – December 3, 2023

City Motors Group’s Alfa Bangsar development located at the intersection of Jalan Maarof and Jalan Tandok in Bangsar has seen a take-up rate of 90% since its official launch in January 2022.

“The response from the market has been overwhelmingly positive, with fewer than 20 units to be sold. The project is on track for completion in 2Q2024. [This is] a testament to the project’s appeal and the strong demand for property investments in the post-pandemic era,” says City Motors Group CEO Terence Chia.

“We are thrilled by the enthusiastic response we have received. Alfa Bangsar presents a unique opportunity for property ownership in the heart of Bangsar. As we continue our journey towards completion, we are committed to delivering the highest quality of living to our esteemed clients.”

With a gross development value (GDV) of RM450 million, Alfa Bangsar is a single tower mixed-use development with two wings at the height of Level 38 and Level 42. It comprises three components — serviced apartments, commercial space and a hotel. The entire development is expected to be completed by the second quarter of 2024.

There are a total of 178 serviced apartments on Levels 20 to 42, with built-ups from 570 to 997 sq ft. The selling price starts from RM1.05 million to RM1.85 million. The maintenance fee, which does not include the sinking fund, is 42 sen psf.

Chia: The response from the market has been overwhelmingly positive, with fewer than 20 units to be sold (Photo by City Motors Group’s)

The facilities, located on Level 38 and 42, will comprise a swimming pool, kids’ pool, sunbed lounge, pool deck, gymnasium, sauna, sky park, quiet corner, barbecue area, playground, outdoor fitness space, interactive lawn and sunbathing lounge.

Alfa Bangsar attracts a mix of young affluent families, couples and international buyers, says Chia.

The commercial space, which has a combined gross floor area of 25,900 sq ft from Levels 1 to 7, will feature six retail spaces and a rooftop event space on top of the commercial podium at Level 5. These will be leased out by the developer to ensure the right tenant mix for the benefit of the residents. Chia says the developer has secured several tenants, which are primarily in the fitness, wellness and F&B sectors.

Alfa Bangsar will also house Holiday Inn Hotel, which will be managed by InterContinental Hotels Group. There will be 220 rooms from Levels 8 to 19. The facilities, which include a swimming pool, sky garden lounge, terrace and gymnasium, will be on Level 8.

Alfa Bangsar is accessible via Jalan Tuanku Abdul Halim, Jalan Istana, the Salak Expressway, Federal Highway, New Pantai Expressway and Kerinchi Link of the SPRINT Expressway.

Amenities within a 5km radius include Bangsar Village, Mid Valley Megamall, Bangsar Shopping Centre, Nu Sentral, Pantai Medical Centre and University Malaya Specialist Centre. The Bangsar LRT station is only 700m away.

Alfa Bangsar is on track for completion in 2Q2024 (Photo by City Motors Group’s)

All the components – serviced apartments, commercial space and a hotel – will have their own dedicated entrance (Photo by City Motors Group’s)

Plans and outlook

With the near completion of Alfa Bangsar, City Motors Group is preparing to launch a new project in Bukit Bintang in 2024.

“Building upon the success of Alfa Bangsar, we are gearing up to reveal our next venture in Bukit Bintang, [which is] scheduled to launch in 2024 and expected to serve as our flagship luxury development. The projected GDV of the Bukit Bintang development exceeds RM1 billion,” says Chia.

The group has other projects in the pipeline as well. These will be located in Jelutong, Penang (estimated GDV of RM145 million), Ampang (GDV of about RM130 million) and Cheras (a 60-acre township with a GDV of about RM2 billion). The development in Cheras will emphasise greenery, abundant green spaces and parks.

Further details on the upcoming Bukit Bintang development and other projects in the pipeline will be announced in due course.

Source: The Edge

PERSONAL DATA PROTECTION NOTICE FOR CUSTOMERS
NOTIS PERLINDUNGAN DATA PERIBADI PELANGGAN

Privacy Notice/Notis Peribadi

Sri Seltra Sdn Bhd and all it’s wholly or jointly controlled entities and associate companies (collectively ‘Group’ and where the context requires will refer to any of the relevant company within the Group) hereby issues this Privacy Notice in compliance with the Personal Data Protection Act 2010 (‘Act’). All references to the terms “Personal Data” shall have the same meaning as ascribed in the Act. The word “you” shall refer to yourself and/or such other person or companies represented by you of whom you are providing Personal Data and the word “us” mean the Group.

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(i.) The Personal Data collected may include the following information; your name, date of birth, address, gender, race, nationality, ethnic origin, contact details, identification card/passport details, occupation, profession, employer’s details, income, marital status, children’s details, salutation, and/or lifestyle details including but not limited to car registration details, introducer details and loan details. All the above shall include copies of the relevant documents. The above list is non-exhaustive and may be updated from time to time and published at the website of the Group that can be accessed at: Lot 30442, Jalan Cempaka 6, Taman Nirwana, 68000 Ampang Selangor.

Data Peribadi yang akan dikumpulkan termasuk maklumat-maklumat berkenaan berikut; nama anda, jantina, bangsa, kewarganegaraan, asal etnik, kad pengenalan/maklumat paspot, perkerjaan, profesion, majikan, pendapatan, status perkhawinan, maklumat anak-anak, jawatan kehormatan, dan/atau perihal gaya hidup termasuk tetapi tidak terhad kepada maklumat pendaftaran kereta, pihak pengenal dan maklumat pinjaman. Kesemua diatas juga termasuk salinan dokumen- dokumen yang berkenaan. Senarai perkara-perkara di atas ini adalah tidak meyeluruh dan boleh dikemaskini bila-bila masa saja dan dipaparkan di dalam laman sesawang Kumpulan yang boleh diakses di: Lot 30442, Jalan Cempaka 6, Taman Nirwana, 68000 Ampang Selangor.

(ii.) Your Personal Data are collected from various sources including but not limited to:
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(b) information submitted online by you using any online facilities;
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Data Peribadi dikumpulkan dari pelbagai sumber termasuk tetapi tidak terhad kepada:
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(c) maklumat dari pihak ketiga sebagai pengenal; dan
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By providing your Personal Date you hereby agree that the Group shall collect, retain and use your Personal Data for the following purposes:
(a) Performing discharging any and all of the Group’s contractual obligations with you;
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(d) Purposes of connected with operation, administration, management, development, record-keeping, contractual enforcement and communication with you;
(e) As required by the law or in compliance with any legal processes;
(f) As required to be disclosed to any third party with interest to acquiring an interest in/of the Group;
(g) Disclosure by any service or product provider engaged by the Group as is required under any laws, directives or guidelines to any governmental or non-governmental agencies or bodies or any third party;
(h) The above list is non-exhaustive and may be updated on from time to time by the Group and published at the above website of the Group.

Dengan memberi Data Peribadi anda kepada Kumpuan Syarikat, anda setuju agar Kumpulan Syarikat mengumpul, menyimpan dan mengunapakai Data Peribadi anda untuk tujuan berikut:
(a) melaksanakan kesemua atau mana-mana obligasi kontrak Kumpulan Syarikat dengan anda;
(b) memproses permohonan anda;
(c) melaksanakan peyelidikan, untuk perancangan produk, perkhidmatan atau apa-apa analisa statistic dan penanda aras;
(d) berkaitan dengan tujuan operasi, pentadbiran, pengurusan, pembanguan, simpanan rekod, penguatkuasaan kontrak serta komunikasi dengan anda;
(e) sepertimana yang dikehendaki oleh undang-undang atau apa-apa proses undang-undang;
(f) sepertimana yang diperlukan oleh mana-mana pihak ketiga yang mempunyai hasrat memperolehi kepentingan dalam/pada Kumpulan Syarikat;
(g) pendedahan oleh mana-mana pembekal perkhidmatan atau produk yang dilantik oleh Kumpulan Syarikat sepertimana yang dikehendaki dibawah apa-apa undang-undang, direktif, garis panduan kepada apa-apa jabatan atau agensi kerajaan atau bukan kerajaan dan mana-mana pihak ketiga yang berkenaan;
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Data Peribadi yang diberikan oleh anda kepada kami akan dirahsiakan tetapi anda bersetuju bahawa Kumpulan Syarikat boleh mendedahkan dan memindahkan (sama ada di Malaysia atau di luar Negara) di antara mana-mana syarikat dalam Kumpulan Syarikat atau mana-mana pihak ketiga yang perlu dan sesuai termasuk tetapi tidak terhad kepada pakar perunding, peguam, juru audit, majikan, kontraktor, pembekal, rakan kongsi, ahli gabungan bersama, pengiklan, pembeli, pengendali rangkaian, syarikat yang menjalankan urusan hartanah, pembekal perkhidmatan dan produk, syarikat-syarikat bersekutu Kumpulan Syarikat, mana-mana pihak berkuasa (kerajaan dan/atau bukan kerajaan), kedutaan, badan berkuatkuasa mana-mana organisasi atau institusi kewangan berkenaan, seseorang yang lain dibawah tugas kerahsiaan terhadap Kumpulan Syarikat atau mana-mana syarikat Kumpuan Syarikat (termasuk yang ditubuhkan atau diperbadankan dari masa ke semasa), pemegang serahan hak atau penerima pindaan atau pembeli sama ada sebenar atau yang dicadangkan bagi apa-apa hak/perniagaan/asset dalam mana-mana syarikat Kumpulan Syarikat, pembekal perkhidmatan atau produk (termasuk mereka yang membantu kami dalam penyediaan laman sesawang) untuk keperluan operasi, pentadbiran, pembangunan Kumpulan Syarikat dan organisasinya yang membekal perkhidmatan arkib, audit, nasihat professional, pungutan hutang, insuran, perbankan, pemasaran, mailhouse, penghantaran, perekrutan, pusat panggilan, teknologi, penyelidikan, utiliti, progra m kesetiaan dan keselamatan mengunakan, mendedahkan, memegang, memproses, menyimpan atau memindah Data Peribadi bagi tujuan pemgumpulan Data Peribadi di perkara (B) di atas dan bagi pihak Kumpulan Syarikat.

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Notwithstanding the Personal Date collected, the Group shall not be liable for the non-achieving of any of the purposes set out in item (B) above. In addition failure in your part to furnish complete Personal Data may result in our inability to provide to you the full and complete range of benefits and/or services under any contract or otherwise.

Meskipun Data Peribadi yang dikumpulkan, Kumpulan Syarikat tidak menanggung sebarang tanggungjawab atau liability sekiranya mana- mana tujuan sepertimana yang diperihal di perkara (B) diatas tidak dapat dicapai. Selain daripada yang diatas kegagalan anda untuk mengemukakan kepada Kumpulan Syarikat Data Peribadi anda yang secukupnya, kemungkinan Kumpulan Syarikat tidak dapat memberi pelbagai manfaat atau perkhidmatan menurut apa-apa kontrak atau lain-lain.

E. Storage and Retention of Personal Data/ Simpanan dan Pengekalan Data Peribadi

(i.) The Group may store your Personal Date in hard copies or electronically in or outside Malaysia at any office or storage space, operated by the Group or any of its service providers for as long as necessary for the purposes of item (B) above and in compliance with any legal, regulatory or accounting requirements in the interest of the Group.

Kumpulan Syarikat boleh menyimpan Data Peribadi anda dalam bentuk salinan cetak atau secara elektronik di dalam atau di luar Malaysia di mana-mana pejabat atau ruang stor yang dikendalikan oleh Kumpulan Syarikat atau mana-mana pembekal perkhidmatan yang dilantik oleh Kumpulan Syarikat untuk tempoh masa untuk mencapai tujuan sepertimana yang diperihal di perkara (B) diatas ini dan bagi mematuhi apa-apa undang-undang, kerperluan pihak berkuatkuasa atau perakaunan untuk melindungi kepentingan Kumpulan Syarikat.

(ii.) The Group does not offer any online deletion of your Personal Data.

Kumpuan Syarikat tidak menawarkan apa-apa kemudahan dalam talian untuk memadam Data Peribadi anda.

F. Right to access Personal Data / Hak untuk akses Data Peribadi

(i.) You may access to your Personal Data on payment by paying a prescribed fee to the Group and to request the Group to update correctly any of your incorrect Personal Date as is permissible in law.

Anda boleh mengakses Data Peribadi anda atas pembayaran suatu fi yang ditetapkan kepada Kumpulan Syarikat dan meminta Kumpulan Syarikat megemaskini atau membetulkan apa-apa maklumat peribadi anda yang tidak betul setakat yang diperuntukan oleh undang-undang.

(ii.) You may post any questions regarding this Privacy Notice, access your Personal Data or withdraw your consent by sending a written notice to the Group in the following address: Lot 30442, Jalan Cempaka 6, Taman Nirwana, 68000 Ampang Selangor.

Anda boleh mengemukakan sebarang pertanyaan berkenaan Notis Privasi ini, mengakses Data Peribadi anda atau menarik balik persetujuan anda dengan menyampai suatu notis bertulis kepada Kumpulan Syarikat di alamat di bawah ini: Lot 30442, Jalan Cempaka 6, Taman Nirwana, 68000 Ampang Selangor.

The Group reserves the right to amend this Privacy Notice from time to time. You are advised to check this Privacy Notice on the Group’s website on a regular basis.

Kumpulan Syarikat berhak meminda Notis Privasi in bila-bila masa. Anda dinasihatkan untuk menyemak Notis Privasi ini di laman sesawang Kumpulan Syarikat secara lazim dari masa kemasa.