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Wednesday, October 31, 2007

A rare gem in Puchong

By The Star

Nilam Puri Condominium and Ametis Terraces epitomise quality living

AT the forefront of Puchong’s growth explosion, Bukit Puchong is fast becoming a desirable address.

Developed by Bukit Hitam Development Sdn Bhd (Bukit Hitam), the hot 1290-acre Bukit Puchong is riding on the new wave of Puchong’s property growth.

The clubhouse and swimming pool

With innovative products and contemporary designs to meet the demands of an increasingly sophisticated market, the developer is confident with sales generated from recent launches, namely its Nilam Puri Condominium range, as well as its Ametis Terraces properties.

The Nilam Puri range and Ametis Terraces are Bukit Puchong’s flagship properties, which epitomise Bukit Puchong’s characteristics of a quality and modern environment for good living.

More importantly, it allows prospective buyers to own a piece of freehold property located in a thriving, well-planned integrated township.

A modern kitchen
Nilam Puri: Affordable Housing with Sophistication

Nilam Puri features the township’s latest array of quality homes with easy access.

Comprising a total of 272 units, the first phase of Nilam Puri boasts of impressive sales, having achieved 100% take-up rate upon completion and handover in August 2006.

The second phase, essentially an upgrade of the first, has a larger and more spacious built-up area ranging from 947 to 1,173 sq ft.

The developer is optimistic about the successful take-up rate of the second phase based on that of the first.

Meanwhile, Phase Two, which has all of Phase One’s features and more, comes with value-added finishes and extras.

Each unit in the second phase accommodates three bedrooms and two bathrooms and comes with a car park bay.

Clean lines in the bedroom
Most of the units in this phase offer a view of either the swimming pool or the landscaped garden.

Young professionals and entry-level house buyers are the main target for the second phase, which comes with security and a surprisingly reasonable price tag ranging from RM132,888 to RM228,888.

Nilam Puri also features a resident clubhouse with swimming and wading pools, gymnasium, a children’s playground and a multi-purpose hall.

“With full fledged amenities and a right balance of residential, commercial and industrial properties, we believe that buyers will get to know the real value of good living in Puchong. And Nilam Puri units are comparatively priced”, said Lim Jee Kong, Bukit Hitam’s general manager.

Nilam Puri Condo Phase Two is expected to draw a total gross development value (GDV) of RM42mil. Construction work is ongoing, and is expected to be completed by September 2009.

As part of its promotional campaign, the developer is giving away RM1,000 worth of home electrical products.

Meanwhile, buyers at the launch can also enjoy the buyer-get-buyer scheme and a referral incentive of RM1,000 for every successful sale.

To get to the Nilam Puri Phase 2 show unit, visitors can use the dedicated BBP interchange on the LDP just before the last toll to Putrajaya.

No-fuss dining room
Ametis Terraces: Secured Living, Open Spaces

Launched early this year, Ametis Terraces comprises 120 units of low-density 2 1/2-storey and 2-storey residential development designed for secured living in the heart of Bukit Puchong.

The Ametis Terraces intermediate units are fully furnished with a brand new interior design concept, which would appeal to the younger generation, especially newly married couples and young families.

The boudoir concept of Ametis Terraces’ new intermediate show unit gives a sense of intimacy, signifying the homeowner’s love of comfort, warmth and tactility.

Catering to a niche and increasingly sophisticated market, Ametis Terraces symbolises Bukit Puchong’s position as a self-sufficient medium to high-end township of choice in the Klang Valley.

Ametis Terraces comprises two designs – Classic and Contemporary. The former has a conventional home layout, whilst the latter, a refreshing reconfiguration of living space with an in-built water feature for feng shui and creative purposes.

“Water features are a key element in attracting positive and beneficial chi, especially with its continuous trickling, splashing and reflection of light and shade. With this in mind, we incorporated the water feature for future buyers to enjoy,” says Lim.

“Another attractive feature of Ametis Terraces is its one-acre landscaped park, situated right at the heart of the development. This doubles up as an extended garden for some premium units.

“To date, 60% of Ametis Terraces have been sold since its launch early this year, prompted by effective word-of-mouth marketing by existing buyers. This shows our products do speak for themselves!” he added.

Slated for completion by early 2009, Ametis Terraces is expected to have a gross development value (GDV) of RM46mil.

Prices for the intermediate units range from RM355,000 to RM389,000, while corner units are going from RM587,000 to RM691,000. Units have lot sizes from 20’ x 75’.

A stroll in the park

By The Star

Grab this chance to own a resort-style condo unit

HOW many property offerings in the Klang Valley are in the price range of RM150,000 to slightly above RM200,000?

Think hard. Not many, right?

An artist's impression of Villa Park
Well, this is the golden opportunity for property buyers, newlyweds and young couples planning to start a family to get a home at a very reasonable price.

It’s called Villa Park.

Nestled in the commune of the Bukit Jalil Technological Park, the condominium development is embellished with resort-style facilities – plush landscape and generous spaces for leisurely activities in the common area, and not to mention, a hard-to-miss Balinese-themed d├ęcor to invigorate tired souls.

The straight visual linkage between the bedroom corridor and the kitchen and dining hall exhibits the unit's functionally-designed layout
“The property can be owned by those with a combined income of between RM5,000 and RM6,000. You really can’t find similar developments with such spacious designs in the vicinity with similar facilities and amenities.

"Furthermore, we are absorbing homebuyers’ mortgage loan interest during the construction period, on top of providing free legal fees on sale and purchase agreement, and early bird discounts,” said developer Villamas Sdn Bhd’s managing director Gan Teck Seong. A 7% discount for Bumiputra buyers apply.

There are 392 units in total, segregated by two blocks – 206 in Block A and 186 in Block B. To be launched next month is Block B, followed by the other one on a later date.

“We are expecting completion in November 2010, and we’re giving a complimentary parking bay for unit purchases.

"They may also opt for a second parking lot at only RM18,000. There’s a 50% discount on the extra parking bays purchases for early birds, which comes up to only RM9,000,” added Gan.

Villa Park is situated to the south of the Bukit Jalil National Sports Complex (7km away) and Technology Park Malaysia (about 300 meters apart) and to the north and north-west of Taman Bukit Serdang.

Once fully erected, it shouldn’t be too difficult to spot the two-tower condominium development right from the adjacent highway – the Jalan Sungai Besi-Puchong Expressway, when passing Astro’s head office.

Residents of Villa Park may save time further with the new link road currently under construction, which branches out from Jalan Sungai Besi-Puchong Expressway, cutting through the housing area.

Expect total comfort and spaciousness with Villa Park's space-generous floor plan
Otherwise, you can also reach Villa Park via the Kuala Lumpur-Seremban Highway, followed by the service roads of Taman Serdang Raya and laterite paths of Taman Bukit Serdang – a new housing project in the immediate catchment area comprising medium-cost apartments and two-storey terraces.

Nearby shopping malls like the South City Plaza, The Mines Shopping Fair and Endah Parade will keep you occupied during the weekends. A turf club fan? The Selangor Turf Club is just 3 kilometres away.

Couples and families with school-going children will be served well with the many primary, secondary and international schools and universities in this area.

Namely, they are SJK (C) Serdang Baru (1), SJK Bandar Baru Seri Petaling; SMK Seri Kembangan, SMK Bandar Baru Seri Petaling; the Australian International School and the Alice Smith International School.

Universiti Putra Malaysia, International Medical University and the Universiti Tenaga Nasional are also within the area.

How does it look like inside?

The development boasts three design layouts – Type X, Type Y and Type Z. To start with, Type X units are priced from RM172,800 to RM185,300 with a minimum built-up of 1,106 sq ft. There’s a special “lanai” porch just outside the living hall for this unit design and the owner is free to convert it into either an outdoor meet-the-sun balcony or enclose it with an external glass partition to form part of your living room.

“It’s interesting as each unit here has its own storage heater – you don’t need to install a bulky water heater on the wall of your lavatory. Just turn on the tap, and voila, hot water pours out,” said Gan.

Location of Villa Park
Type Y units, on the other hand, are priced between RM197,300 and RM209,800 with built-up from 1,300 sq ft onwards.

The lowest entry units are from Type Z, which have built-ups from 956 sq ft.

Prices are from RM152,800 to RM165,800.

The open floor plan concept provides visual linkage from the living room through to the dining hall and subsequently, the kitchen.

Hence, you almost get an entire glance of your abode with one look.

Centralised facilities?

Notable sports facilities in Villa Park include full-sized futsal and basketball courts, a gym room, family-oriented cafeteria, children’s playground, gazebo, wading pool and a 30-meter lap pool. Besides that, there’s also a multipurpose hall, barbecue area, a kindergarten, convenience store, an indoor shower and changing room, an ICT room, as well as a surau.

Security worries? Fret not with the single entry-exit point, 24-hour guarded security, and CCTV in crucial spots.

Miss not the opportunity to view the beautiful onsite show unit – it merits a look.

BLand sees growth in property sector

By The Star

PETALING JAYA: Berjaya Land Bhd (BLand) sees potential growth in its property development earnings, both overseas and locally, says Kenanga Investment Bank Bhd.

It was anticipating RM30.2bil worth of mixed development projects in Vietnam to contribute to its growth, in addition to the revaluation of its landbank in Taman Tar and Selangor Turf Club (STC) in Malaysia, it said, noting that the projects in Vietnam would spread from 2009 to 2019.

An analyst from Kenanga believed that BLand had a high probability of securing these projects, noting that less cost and time would be needed on resettlement issues, seeing that most of BLand’s Vietnam lands were unoccupied.

On the local front, BLand was expected to launch projects with a gross development value (GDV) of RM1.2bil on top of its on-going property development projects in the financial year ending April 30, 2008 (FY08) and FY09, the analyst said.

Its on-going projects, with GDV of RM802mil, are located in Bukit Jalil, Berjaya Park in Shah Alam, Taman Tar and Kuantan Perdana in Pahang.

According to Kenanga, BLand has planned a RM4.2bil mixed development project on the 248-acre STC, noting that its 10-year development plan had included a range of low to high-end residential development with commercial elements like a shopping mall, offices, service apartments and hotels.

STC’s possible conversion title to freehold from its current leasehold was expected to increase the land value by 30% to 50%, and a potential to increase its GDV to RM6.2bil from its original GDV of RM5.4bil, it said.

On top of that, BLand has also withheld launches of its Taman Tar bungalow plots to capitalise on higher pricing upon completion of Taman Tar’s main infrastructure works, as well as the pending approval for land title conversion, which is expected to increase prices by 30% to 50%.

The analyst believed that the remaining GDV of approximately RM324mil would increase by more than 15% once BLand resumed selling the land plots at Taman Tar towards the end of the year, adding that BLand had so far traded its bungalow plots in the Peak at Taman Tar at 81% to 127% higher than other residential sites in the area.

The research house rated the company as “trading buy” with a target price of RM7.61.

The counter closed two sen lower at RM4.30 yesterday on volume of 903,200 shares.