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Thursday, December 6, 2007

Orando launches Sri Angkasa Homes, its second project

PETALING JAYA: Orando Holdings Sdn Bhd (Orando) has embarked on its second semi-detached homes project called Sri Angkasa Homes. Its maiden project was the development of four semidee units in Taman Yarl, which was completed in 2005 Sri Angkasa Homes are 16 units of 2 ½-storey semidees located in Puchong close to well-established areas such as Taman Kinrara, Lucky Garden and Overseas Union Garden.

Loke showing off a model of the Sri Angkasa semidees

Sri Angkasa Homes is set on 1.86 acres of freehold land and has a gross development value (GDV) of RM11.2 million.

Launched in July, four units have been sold so far, said Loke Fu Wah, principal of Bridge Realty, the exclusive marketing agent of the project. Priced from RM688,000 onwards, these homes have land areas of 36ft by 90ft and built-up areas of 3,100 sq ft. Each unit comes with five bedrooms, four bathrooms, two living rooms and three balconies.

“Our show unit will be completed by the end of December,” said Loke, adding that better sales are expected upon the show unit’s completion. “Construction began at the end of July. We aim for completion and handover in August 2008,” he added.

According to Loke, the target market for Sri Angkasa Homes are the people living and working within the vicinity who want to upgrade to a larger home.

The guarded project will include two guard posts, one on each end of the row of homes. “Security for the first year is free, after that it will be managed by the residents,” he said.

Accessible via the Kesas Highway and Old Klang Road, Loke said the project’s location is one of its selling points. “It takes about half an hour to get to KLCC and 15 minutes to drive to Bandar Sunway or to Mid Valley City,” he says.

There are also shops and other conveniences in the neighbouring areas such as Taman Kinrara and Overseas Union Garden. The area is also well established, with schools, eateries and other amenities.

With its focus on medium-high end and niche projects, Orando has plans to source for more land once sales of Sri Angkasa Homes reaches 70%.

By theSun (by Yeong Ee-Wah)

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