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Friday, March 14, 2008

Affordable terraced homes in Sungai Buloh

A show unit of the Camellia designed terraced home

LOOKING for an affordable terraced property in the Sungai Buloh- Kepong area? More 2-storey
terraced homes will be offered at the upcoming launch of the leasehold 200-acre Taman Desa Bukit Indah in Sungai Buloh, Selangor by Magilds Park Sdn Bhd, a subsidiary of Petaling Tin Bhd.

Following the successful take-up of its Camellia designed 2-storey terraces that was launched last month, the developer plans to introduce more of such terraced homes in June, Petaling Tin CEO Leong Choong Wah (pix) told PropertyPlus.

“In less than a month, we sold about 90% of the 83 units of Camellia terraces. Most of our buyers are from the surrounding Kepong and Sungai Buloh areas," said Leong.

"Apart from the affordable pricing, they were also attracted to the location which is about 15 minutes from nearby commercial amenities in Kepong like Jusco and Carrefour. Even 1 Utama is
about 15 minutes away.” The 3+1-bedroom, 3- bathroom Camellia homes have a land area of 22ft by 80ft and built-up of 1,600 sq ft. Prices for the homes start from RM216,000. The gross development value (GDV) is about RM20.9 million for the Camellia phase.

Construction works on the project have started. For its upcoming launch, the developer would be
offering 113 units of 20ft by 65ft terraces with a built-up area of 1,400 sq ft. According to the developer, prices are slightly below RM210,000 for the standard 3+1- bedroom, 3-bathroom units.

“This phase will have a GDV of about RM21 million. Since the launch of the RM214 million Taman Desa Bukit Indah in 2001, we have sold and delivered 47 industrial lots amounting to about RM36 million and 235 units of 20ft by 70ft link houses. These link homes are valued at about RM39 million,” said Leong.

Taman Desa Bukit Indah will take another five years to complete. There are midend condominiums and shoplots in the master plan, he added.

Taman Desa Bukit Indah is located near the Sungai Buloh hospital and the KTM Komuter station. It also enjoys easy access to the Damansara Puchong, MRR2 and New Klang Valley Expressway highways.

Meanwhile, at its ongoing leasehold 26.5- acre project at Taman Kelab Ukay in Ampang’s Ukay Heights, Leong said it is busy planning for the last few remaining phases of the RM125 million development.

“We will be offering superlinks, terraces, bungalows and zero lot bungalows for these final phases that will be launched by year-end or early next year. The entire development will be completed by 2011,” he added.

First to be launched in the final phase will probably be the superlinks which is in the final stages of approval.

“We are hoping to obtain the approvals for the 24ft by 90ft 3-storey superlink homes at Taman Kelab Ukay soon and we plan to launch them later in the year,” said Leong.

“There will only be 15 units within a gated scheme. Tentative pricing has been set at about RM680,000,” he said, adding that the maintenance fee has not been set. The built-up area for the superlinks is 3,200 sq ft and would have a GDV of RM10 million.

The developer has also lined up 21 units of 22ft by 80ft 3-storey link homes with a GDV of RM11 million as well as 17 bungalows and 15 zero lot bungalows with a total GDV of RM55 million in the same development.

By theSun (by Loo Pik Kwan)

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