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Tuesday, February 19, 2008

Putra Impiana offers value for money, says developer

The developer says its quality finishings for the Taman Putra Impiana terraced houses will save buyers from having to make many renovations

PETALING JAYA: The property market in Puchong is booming with an increasing demand for landed properties, particularly high-end ones. According to the developer of Taman Putra Impiana, Usahasama Utama Sdn Bhd, its properties there have been enjoying good capital appreciation. “For instance, the value of the units in Phase 1 have increased by 15% since their launch in 2006, and are expected to rise by a further 15% by year-end,” Ronnie Wong, head of
operations told theSun.

Phase 1 of Taman Putra Impiana is sold out, while Phase 2 has achieved a take-up of more than 95%. To date, more than 20% of the 80 units in Phase 3 have been sold since its launch in mid-January. Future phases will include terraced houses, shop lots and low-rise medium cost apartments. It is scheduled for completion within the next three to four years with a gross development value of RM231 million.

Targeted at first-time homebuyers and upgraders alike, the 2-storey link houses in the 100-acre leasehold Taman Putra Impiana, come with quality finishes to minimise the need for renovations. The project is a joint-venture development by Usahasama Utama, a member of Klangbased Acmar International, and landowner Permodalan Negeri Selangor Bhd (PNSB).

Wong said the units in the development are attractively priced and will appeal to small families and young couples, particularly in the middle-income group, whose dual incomes ranges from RM4,000 to RM7,500. “We are offering value for money as buyers will be saving on renovation costs,” he said.

The features of the homes include wooden laminated flooring for their 4ftwide staircases, column-free car porch laid with concrete-imprinted flooring, and porcelain tiles throughout the living area and dry kitchen. Prices range between RM286,800 and RM566,800 for units in the
latest phase, with built-ups from 2,072 sq ft to 2,641 sq ft.

The development is accessible via a network of highways, including the Damansara Puchong Highway (LDP), North South Central Link, KL-Seremban Highway and Kesas Highway. Nearby amenities include Jusco, Tesco and Giant hypermarkets as well as IOI Mall.

Wong said that despite the rise in petrol prices, the developer still managed to price its properties at a competitive rate by absorbing the increased construction costs. “In comparison, a similar 2-storey terrace in the freehold Bandar Bukit Puchong is valued from RM380,000,” he said.

Acmar has been involved in the automative business since 1979, but later diversified into property development and management, construction, leisure and entertainment, education, healthcare and warehousing. The group has completed several residential and commercial projects including Taman Jati in Jeram, Taman Cempaka in Banting, Wisma TLT in Klang and Acmar Villa in Ampang. Its ongoing projects include D’Rapport @ Ampang, Bandar Baru Klang in Klang and Kemensah Indah in Melawati.

By theSun (by Yap Yew Jin)

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