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Friday, February 22, 2008

Last phase of ParkVille Townhouses set for launch

An artist's impression of ParkVille

Bukit Hitam Development Sdn Bhd (Bukit Hitam) will be launching the second, and last phase, of its ParkVille Townhouses in Bukit Puchong this weekend -- barely four months since the successful launch of its first phase last November.

“We managed to sell more than 90% of our first phase within two months. We aim to sell at least 50% of our second phase within the first month of the launch,” Bukit Hitam’s general manager Lim Jee Kong told PropertyPlus. The freehold 1,290-acre Bukit Puchong, formerly known as Bandar Bukit Puchong, is Bukit Hitam’s flagship development. To-date, the RM3 billion Bukit Puchong is 55% developed and the township is expected to be complete by 2015.

ParkVille Townhouses has a gross development value (GDV) of RM88 million. Its second phase offers 3-storey super-link duplex terraces comprising 200 units with lot sizes of 24 ft by 60 ft and built-up areas of 1,259 sq ft for the lower unit and 1,528 sq ft for the upper unit. Completion of ParkVille is set for October 2010.

“We believe in constantly making improvements and for our second phase, we have incorporated a toilet on the first floor (for the upper units), making the total number of toilets three”, Lim said, adding that a yard area was also included. Each unit comes with two carparks.

Priced at RM228,888 for lower units and RM233,888 for upper units, the contemporary townhouses are targeted at newlyweds, young professionals and young families. He said ParkVille Townhouses is designed with greens and landscaping in mind, aimed to bring the community closer through various community events.

“The majority of our purchasers bought their houses as their own homes and some for upgrading purposes. Therefore, the level of occupancy is very high,” Lim said. He said the purchasers are mainly from Puchong and other parts of the Klang Valley including Cheras, Sunway and Subang.

On future launches, Lim said Bukit Hitam has engaged an Australian master planner for several projects but declined to reveal further details. “ We are working on a 100-acre development and details will be finalised soon. It will be different from the normal conventional townships. It will be exciting and something for the Puchong community to look forward to,” he shared. Other launches in the pipeline include a 254-acre gated and guarded development with an expected GDV of RM50 million and 50 linked bungalows and zero-lot bungalows next to its existing Ametis Terraces project.

“Our main aim now is to develop Bukit Puchong. We still have about 600 acres of land left and this should last us for at least seven to eight years. This also means we have an opportunity to ensure all amenities and facilities are well-planned,” Lim said.

“Due to the scarcity of land, our strategy now is to focus on high-end properties. We prefer building homes instead of building houses,” Lim said, adding that Bukit Puchong boasts good connectivity and is probably some of the last freehold land left in the area. He said there would be a Light Rail Transit System (LRT) linked through Puchong in the future. Bukit Hitam is a wholly owned subsidiary of The Ayer Hitam Planting Syndicate Bhd (TAHPS).

By theSun - PropertyPlus (by Rosalynn Poh)


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