Magna Prima to sell 94 shop offices

Magna Prima Bhd is targeting to sell all 94 units of four-storey shop offices in the first-phase of Boulevard Business Park @ Jalan Kuching (BBP) by the third quarter.

To date, almost 43 per cent of the 94 units have been sold at RM550,000 per unit.

Its Executive Director, Lawrence Lee Yek Hui, said BBP, with a gross development value of RM572 million, was expected to be completed by 2014.

"The second and third phase of the development consisting of a retail podium and a block of serviced apartments, will be launched by the third quarter of this year," Lee told reporters at the launch of the project today.

Buyers of the shop offices are entitled to interest free loans and a waiver on legal fees.

By Bernama