SkyWorld Development Berhad announced that it has entered into a joint development agreement with PR1MA Corporation Malaysia to build PR1MA Homes on a 1.97-acre leasehold land in Brickfields.
The project, known as SkyAwani Prima, features 491 units of affordable apartments, each with built-up area of 900 sq. ft. It is strategically situated in Brickfields, Kuala Lumpur.
The developer said each unit will be competitively priced at RM390,000, making them a viable option for middle income household seeking affordable housing solutions.
Under the terms of the JDA, ACSB will be responsible for the development and construction of the project, which has a gross development value of RM191.49 million. In return, PR1MA is entitled to receive RM32.17 million as land cost. The Project is expected to complete within four years from the commencement date.