How many units will the Bukit Kepayan condominium development comprise?

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Accepted Answer

The Bukit Kepayan condominium development will comprise a total of 166 units.

The proposed condominium development in Bukit Kepayan, Kota Kinabalu, will consist of 78 units designated as Type A and 88 units as Type B. This brings the total number of residential units for the project to 166.
Total Unit Breakdown

The development, situated on a 0.65-hectare leasehold site, is planned to include two distinct unit types. Type A units will have a built-up area of 787 square feet, while Type B units will measure 530 square feet.
Project Details and Timeline

This project is a result of a joint-venture agreement between Ipmuda Properties Sdn Bhd, a subsidiary of Jentayu Sustainables Bhd, and Encorp Development Sdn Bhd, a subsidiary of Encorp Bhd. The development is expected to commence in July 2022 and is slated for completion by June 30, 2026.
Financial Aspects of the Joint Venture

The joint venture has a gross development value (GDV) of RM68 million. Under the agreement, Ipmuda Properties Sdn Bhd is entitled to a minimum of RM10.8 million or a percentage of the GDV, up to RM11.3 million, for its land.

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How many units will the Bukit Kepayan condominium development comprise?

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