Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Monday, March 3, 2008

More luxury bungalows planned in Kota Kinabalu

KINGFISHER Palm Homes Sulaman and Kingfisher Park 2 have become the preferred address for the wealthy in Kota Kinabalu, Sabah, where many rich Sabahans have built their mansions here.

Those who have missed out on the earlier launches can now look forward to buying a bungalow as the developer, Hap Seng Properties Development Sdn Bhd (a wholly-owned subsidiary of Hap Seng Consolidated Bhd), will be launching 40 boutique bungalows in Phase 5 of Kingfisher Palm Homes Sulaman, a gated and guarded community.

A detached show house at Kingfisher Palm Homes Sulaman.

To be launched in the middle of this year, each bungalow will be priced at about RM1mil.

The first four phases of this project are: 168 units of 2½-storey link house and semi-detached house under Phases 1 to 3 that have been completed with Certificate of Fitness for Occupation and 186 units of 2½-storey link houses (111 units), 2½-storey semi-detached houses (16 units), 2½-storey link bungalows (40 units) and two-storey detached houses (19 units) under Phase 4 that are due for completion early next year.

Hap Seng has also completed and sold 745 homes in Kingfisher Park 2. Both projects, along the Kota Kinabalu-Sulaman Highway, are near the upcoming 1 Borneo (the first and largest hypermall in East Malaysia), Universiti Malaysia Sabah, and the government administrative centre. This fast-growing area is about a 10 minutes' drive from Kota Kinabalu town.

Hap Seng Properties Development Sdn Bhd property division general manager for East Malaysia, John Tan Duo Zer, told StarBiz in Kota Kinabalu recently that Phase 4 houses had been selling very well.

On the Phase 5 boutique bungalows, Tan said they would have much bigger built-up areas and land than the Phase 4 link bungalows that were sold from about RM699,000. He said Phases 4 and 5 would have underground cabling.

The Kingfisher Palm Homes Sulaman will have a majestic palm tree-lined boulevard at the main entrance, nice landscapes and streetscapes, soft grassy gardens and water parks, outdoor gyms and exercise stations, pedestrian walkways, jogging tracks and playgrounds. Houses come with quality finishes.

“There's a very good demand for our houses, as we have become a household name in Sabah. We've built a reputation as a caring developer,” he said, adding that Kingfisher Palm Homes Sulaman's tagline Crafted for a deserving lifestyle reflected the group's commitment to give the best to its purchasers.

Tan noted that Hap Seng was probably the first to introduce 2½-storey link houses in Kota Kinabalu.

“We're sensitive to local needs. Hence we constantly get feedback from members of the public on what they want for we realise that people from different towns have different requirements,” he said, adding that purchasers of the Kingfisher Park 2 had seen their properties appreciate in value.

Hap Seng has also built 148 units of two and three-storey shop offices in Plaza Kingfisher.

By The Star

No comments: