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Wednesday, April 16, 2008

Project to give town an economic boost

Pasdec's mixed township to be completed by 2015

KUANTAN: The Bandar Putra project in Tanjung Lumpur comprising more than 3,300 residential and commercial properties is expected to give the fishing town a facelift and an economic boost.

Launched in February and costing about RM850mil, the project is being undertaken by Pasdec Holdings Bhd.

The project's mix of residential, commercial and recreational components comprising single- and double-storey semi-detached houses in 38 innovative designs will be developed on over 167ha of freehold land.

A new dual-carriageway currently under construction will, when completed, cut travelling time between Pekan and Kuantan by half.

Pasdec group managing director Yusof Ali Mohamed Zain said the project would be developed in stages over 10 years, with full completion scheduled in 2015.

Yusof Ali Mohamed Zain

“The first phase comprises 69 single- and double-storey medium-cost link houses costing RM146,888 onwards and 32 semi-detached single- and double-storey houses priced from RM245,888.''

Some 90% of the 209 medium-cost houses priced at RM63,888 that would be managed by the Pahang State Secretary housing unit had been sold, he told StarBiz on Monday.

Eight of the semi-detached double-storey houses were sold out one week after registration opened recently.

Yusof Ali also said Bandar Putra was expected to get a boost in value given that a leading healthcare provider had agreed to set up a hospital and a hotel there to tap the potential in health tourism in the east coast region.

“There is interest in trying to woo people from Thailand to come here to enjoy the tourism attractions and at the same time, have a medical check-up or seek treatment.

“Even now, people from Terengganu are flocking the private hospitals in Kuantan for medical treatment,” he added.

The companies were now at the final stage of discussions to iron out the details, he said, adding that an announcement would be made soon.

By The Star (by Roslina Mohamad)

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