Property developer Premier De Muara Sdn Bhd  has delivered vacant possession to all 270 purchasers of Tower A of the Picasso  Residence.

Located conveniently at Jalan Jelatek, off Jalan Ampang and within the Kuala Lumpur  City Centre, the 1.42 ha-Picasso Residence comprises Tower A and Tower B which  consists of 270 and 202 units, respectively. 

Picasso Residence, the maiden project of Premier De Muara is inspired by the famous  Spanish artist Pablo Picasso and the company aims to create a suburban sanctuary  in an exclusive neighbourhood located within the vicinity of KLCC. 

Managing director of Premier De Muara Sdn Bhd Dato Andrew Tan said the company  has received tremendous response since the launch of the Picasso Residence last  year and has sold all the 472 units of the Tower A and Tower B.  

Picasso Residence, which carries a gross development value of RM1.08 billion, offers  five types of layouts ranging from 1,013 sq ft to 2,480 sq ft. with prices ranging from  RM1,610,670 to RM3,943,200. Each unit comes with a private lift. 

“To date, 83 per cent of the Picasso Residence has been completed. The project is  planned in two phases. We have completed Phase 1 or Tower A with 270 units and  vacant possession was granted to purchasers starting 13th September 2024,” said 

Dato Andrew Tan at the ceremony to deliver the vacant possession of Tower A to  purchasers, here today. 

Premier Construction (International) Sdn. Bhd., the subsidiary of PRG Holdings Bhd,  being the main contractor of Picasso Residence, took over the main construction  contract since the revival of the project. 

Mr. Andrew Chan, the Group Managing Director of PRG Holdings Bhd. said that the  expected completion of Phase 2 or Tower B with 202 units will be in June 2025. 

T&T Architect, Picasso Residence’s architect, has perfectly crafted the architecture and aesthetics of the development, which are influenced by the avant-garde style of  Picasso’s art, featuring modern, abstract, or cubist elements in common areas or  apartments. It also offers premium amenities such as rooftop gym, rooftop garden,  infinity pool, sauna and private lounge. 

Picasso Residence is a sound investment as it is situated in a prime location of the  Kuala Lumpur city, contributing to long-term property appreciation. It also offers advanced security systems, concierge services, private lobby and gated access for  the convenience, privacy and safety of residents. With the unique design of this  building, it has become another attraction in the city, with its innovative architecture  and stunning features. 

#MalaysianBusiness #RealEstate #PropertyDevelopment #PremierDeMuara #PicassoResidence #KualaLumpur #PropertyLaunch

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