Taking Centrestage in PJ
CHERISH Springs Sdn Bhd is targeting to launch its RM500 million development called Centrestage in Section 13, Petaling Jaya, at the end of February.
A company spokesperson said demolition works on the EON Service Centre which currently occupies the 3.66-acre leasehold site have begun, converting the industrial land to commercial use.
Centrestage is scheduled for completion by mid-2014 and will comprise 352 units of serviced suites, two office blocks of 11 and 14 storeys as well as five levels of shops.
The office blocks offering 775 units will cover a total gross floor area (GFA) of 446,035sq ft with nett lettable area (NLA) of 312,225sq ft.
The retail space will comprise 33 units with a GFA of 171,797sq ft and NLA of 120,358sq ft.
The spokesperson added that indicative pricing for the office and retail units are over RM700psf and RM1,100psf respectively.
However, the company has not decided on the pricing for the serviced suites.
Centrestage, situated in the industrial area of Section 13, is within proximity to commercial developments such as Jaya One, Jaya 33 and Digital Mall in Section 14.
By New Strait Times Property