PETALING JAYA (Dec 7): Selangor State Development Corporation (PKNS) introduced its latest project, Rafflesia 2, in Bernam Jaya, Selangor.

Comprising 87 double-storey terraced house, Rafflesia 2 is the second phase of its project, Rafflesia.

According to a statement on Dec 7, the estimated gross development value (GDV) for Rafflesia 2 is RM37 million. The residential development consists of three layout types, with built-up sizes starting from 1,615 sq ft. The starting price is from RM411,300 per unit.

PKNS CEO Datuk Mahmud Abbas said that due to the strategic location and attractive sales package, he is confident that the project will receive encouraging responses.

"Prospective buyers of this project will enjoy free legal and MOT (memorandum of transfer) stamp duty fees as well as a 10% discount for their first purchase of a PKNS project and an additional 2% for existing buyers,” Mahmud said.

Rafflesia is connected by two main roads, namely the Federal Kuala Lumpur-Ipoh road and the North-South Expressway (PLUS). It is also surrounded by various amenities such as mosques, schools, universities and police stations. The project is also near other PKNS development projects namely Dillenia and Residensi Kamelia.

In addition, PKNS will hold a lucky draw with prizes worth up to RM80,000, with the main prize being RM20,000 in cash. A total of 24 winners stand a chance to win the prizes.

PKNS also offers a referral program to the first 10 buyers where they will receive an incentive of RM1,000 for each customer they bring in, with adherence to the conditions set.