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Friday, March 28, 2008

Putra Heights’ Topaz launch today


Artist’s impression of the Topaz double-storey link homes in Putra Avenue

SIME Darby Property will be launching an additional 110 units of double-storey linked homes at its freehold, 727ha Putra Heights development today. The 22ft by 75ft Topaz homes with built-ups of between 2,080 sq ft and 2,870 sq ft are located within the Putra Avenue enclave. Prices of Topaz units start from RM378,888.

According to the developer, the launch of Topaz follows the “overwhelming response” for the 82 units of 24ft by 75ft Garnet link homes also located in Putra Avenue that was launched in January. The launch weekend saw more than 70% of the Garnet units snapped up and today, it has sold 62 units, or 80%. With built-ups from 2,160 sq ft to 3,440 sq ft, the Garnet homes are priced between RM373,888 and RM705,888.

The 30-acre Putra Avenue was launched last year and features 722 units of double-storey homes. To date, some 544 units including the Topaz homes have been launched. With a total gross development value (GDV) of over RM300 million, Putra Avenue is due for completion by mid-2010.

Sime Darby Property senior executive vice-president Datuk Abd Wahab Maskan told PropertyPlus that apart from upgraders staying in nearby areas of Subang Jaya and USJ, it is also targeting business and working professionals for the Topaz homes which have GDV of RM46.3 million.

“Apart from the large built-ups, we also have many value-added features such as the built-in security alarm system that will give our buyers added peace of mind over and above the Unit Peronda security patrol service that we provide for the residents of Putra Heights,” said Abd Wahab.

He added that the key to the success of its new launches in recent months were the homes’ spacious and practical designs, as well as the upgraded finishing and quality workmanship.

“Sales for our recent launches – Royale Palms Villas and Garnet homes – were very encouraging with 50% and 70% sold respectively,” said Abd Wahab.

The developer launched 36 units of Royale Palms Villas, which are two- and three-storey zero lot bungalows, at Putra Heights in December last year. With land areas ranging between 3,825 sq ft and 7,276 sq ft and built-ups of 4,170 sq ft to 4,900 sq ft, prices start from RM1,388, 888. More than 50% of the units have since been sold.

Meanwhile, Abd Wahab said the completion of the Putra Point shopoffices at Putra Heights would also add value and enhance the appeal of the township.

“Access to the township will be excellent with the completion of the new RM65 million interchange at the ELITE highway at the end of the year as well as the existing interchange at the LDP highway. There will be time savings of up to 15 minutes for journeys to Putrajaya and Kuala Lumpur International Airport too,” he added.

The developer has completed and handed over five of six phases of the Putra Point two- and three-storey 24ft by 80ft shopoffices totaling 324 units, all sold out. The prices ranged between RM548,888 and RM808,888.

About 10% of the businesses have moved in and they include restaurants, mini markets as well as furniture and hardware shops.

Putra Heights was first unveiled in 1999 and to date, the developer has completed about 6,000 properties including double-storey linked homes, bungalow lots, apartments as well as shopoffices. It comprises eight enclaves featuring 11,500 residential and commercial properties. It is expected to be fully completed by 2013.

Sime Darby Property has also launched the last phase of its gated RM200 million Planters’ Haven development located near Nilai in Negri Sembilan. There are 95 units of one- and two-storey bungalows left for sale. The homes come in three designs with land areas of one to 2.2 acres, and built-ups between 4,720 sq ft and 7,100 sq ft. respectively. Prices start from RM1.5 million and the maintenance fee is set at three sen psf based on the land area. About 200 people attended the launch, most of them from Kuala Lumpur.

The 270-acre freehold project comprising 158 bungalows was introduced in 1996. It is set within matured orchard land with amenities such as a recreational lake, tree house, stables, horse trail, playground, barbeque area and jogging tracks. There is also a lakeside clubhouse with swimming pool, gymnasium, multipurpose hall and a tennis court. Planters’ Haven would be completed in the next four to five years.

For more details on Sime Darby’s projects, visit its sales gallery at Wisma UEP in UEP Subang Jaya which is open daily from 9.30am to 6.30pm.

By theSun (by Loo Pik Kwan)

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