KIP Group is targeting the high-end market with its soon to be launched Laman Residences three-storey semi-detached houses in Selayang.

The semi-Ds, set to be launched next month, are priced from RM680,000 to RM1.2mil. Each unit has a land area of 40 ft x 60 ft and a built-up of between 3,750 sq ft and 5,200 sq ft.

''We are moving towards very consumer-oriented developments that have features similar to very high-end developments,'' said managing director Datuk Chew Lak Seong.

Among these are a double volume entrance and attached bathrooms for almost every bedroom in the house. Each house has are five bathrooms.

Datuk Chew Lak Seong at the Kipark Sei Utara sales office.

A total of 198 3-storey semi-detached houses will be built; of these 188 will be back-to-back semi-Ds, also known as courtyard houses.

The other 10 units will be conventional semi-detached houses with a bigger built-up areas of 5,200 sq ft.

The company has received registration for 30% of the Laman Residences before the launch date.

Chew also said the company launched its commercial office towers, the KIP Group Corporate Tower, early this month.

The 11-storey twin towers will commercial units with built-up areas ranging from 400 sq ft to 1,400 sq ft. Prices start from RM103,000 per unit for the office blocks.

KIP Group intends use the commercial towers as its corporate headquarters. It plans to sell 50% of the units and keep the remainder for rental and its own use.

Source : The Star 22/12/2005