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Thursday, March 6, 2008

PKNS expects De Rozelle Phase 3 to sell out

PKNS' De Rozelle Condominium is very popular with young buyers

PETALING JAYA: The Selangor State Development Corporation (PKNS) expects the third and final phase of De Rozelle Condominium in its Kota Damansara township to sell out within a week of its launch.

“With 300 interests received and only 100 units available, we expect Phase 3 to be sold out fast,” said Mohd Wazir Bin Haji Abdul Gani, public relations manager of PKNS.

According to Wazir, the project is very popular especially among the Chinese population, with a lot of buyers being newly weds and young working adults. A large portion of buyers is in the younger age group, with 20% to 30% of buyers aged 35 years and above.

“The demand is good because of the location; close to TV3, the public Seri Selangor Golf Club, Bandar Utama, Tropicana and Petaling Jaya. There are also access roads nearby such as the North Klang Valley Expressway (NKVE) and the Damansara Puchong Highway (LDP),” he explained.

De Rozelle Condominium takes up 11.70 acres and comprises four 100-unit blocks. The project was first launched at the end of 2005. Sold under the build then sell (BTS) scheme, Phases 1 and 2 have since been sold out.

Phase 3, which is now open for registration, is already up to 90% constructed and will be completed with certificate of fitness (CF) by the middle of this year. The condominium units come in two designs: Type A sized at 998.35 sq ft and Type B sized at 1,040 sq ft. Prices for Phase 3 begin at RM185,000, an increase from RM180,000 for Phase 2 and RM175,000 for Phase 1.

Wazir also revealed that PKNS has plans to develop its first SoHo project, also in Kota Damansara. “Piling works have already begun, but It’s too early to say much except that it will have bigger and more expensive units, equipped with modern facilities and perhaps a SMART home system. All these will be announced in due time,” he added.

PKNS’s other projects within the 3,924- acre township include shop offices and 2-storey superlink homes. Priced from RM850,000 and RM571,000 respectively, both projects are almost sold out with only Bumiputera lots left.

The development of the Kota Damansara township commenced in 1981 and is expected to accommodate 120,000 residents upon completion. It features a 4242.79-acre forest reserve and houses the 780.85-acre Selangor Science Park 1.

By theSun (by Yeong Ee-Wah)

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