PETALING JAYA: Hua Yang Bhd has unveiled plans worth RM80mil in gross development value (GDV), which includes a pedestrian mall and three types of homes at the 838-acre Bandar Universiti Seri Iskandar (BUSI) township in Perak.
“We will launch three types of affordable homes, ranging from RM130,000 to RM180,000 for a single-storey to a double-storey linked house,” said Hua Yang Perak branch manager Tony Ng.
The Seri Idaman and Seri Andaman series will consist of 909 units of single-storey terrace houses measuring 800 sq ft and priced from RM130,000 onwards.
While the double-storey linked houses, named Tropika and Casa series, will be priced from RM180,000 onwards and are due to be completed by the second quarter 2014 and the first quarter 2015 respectively.
Developed since 2002, the township is Hua Yang’s biggest township project nationwide.
The remaining land bank of 490 acres will generate up to RM 872mil in GDV.
“We’ve recorded excellent sales results for BUSI, with 81% of our launches fully sold. This translates to RM56.3mil in GDV based on our nine-month results announcement for financial year 2012.
He said the company would be previewing the Pedestrian Mall at its sales launch on March 10, aimed to further enhance the facilities offered at OneBU@Seri Iskandar, the lifestyle and business hub of the township.
To date, up to RM800,000 had been invested in upgrading works of BUSI, which included the construction of a new stone wall at the entrance, artistic banner with key wordings of the development, landscaping works, resurfacing of the roads, and increased roads signages.
“As for financial year 2013, we aim to launch RM80mil worth of projects at the township,” said chief financial officer May Chan.
By The Star
Thursday, March 8, 2012
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