The car park has been closed for the past few months. Most recently, a project notice board has been placed on the site stating the proposed development of a 33-storey office block on the 0.54 acre site.
According to VPC Alliance managing director James Wong, the plot of freehold land has been sold to SCP Traders Square Sdn Bhd, a company under the SCP Group, in February for RM1,107 psf or RM26 million.
"We consider the selling price reasonable, reflecting its commercial use," he told TheEdgeProperty.com.
According to the notice board, the proposed development will include two floors of underground car parks, a facilities floor with shops, seven floors of above ground car parks, one floor for the management office, 22 floors of offices comprising of Flexi-Offices and SoHo Offices, and two office lounges on the top floor.
The proposed project name is The Societe @ Desa Sri Hartamas.
SCP Group was formed in 1999 and is predominantly involved in property investments such as car parks and office buildings.
In 2011, the company diversified into property development and snce then it had developed an impressive portfolio in Kuala Lumpur, Shah Alam and Kota Kinabalu. For more information about the developer, visit SCP Group profile page on PTLM.