business

HIL Industries targets RM43mil sales from Klang project

KUALA LUMPUR: HIL Industries Bhd is eyeing RM43 million sales from its Garden Homes at Amverton Links project in Klang, Selangor.

Managing director Datuk Milton Ng said the latest offering in Amverton Links, which would be developed based on the "build first, then sell" concept, had received positive response from the public during the soft launch recently.

"There has been improvement in sentiment towards the property market, which can be observed through the positive response received by our recent project soft launch. We are confident that the project will receive a good take-up rate from homebuyers, similar to our past projects in Amverton Links.

"Construction work for the Garden Homes townhouses project is on track for completion, with 50 per cent of the works completed," he said.

The gated-and guarded Garden Homes occupies a 2.06 hectare freehold parcel in Amverton Links, comprising 100 units of town houses measuring 24ft by 80ft with build-ups ranging from 980 sq ft and 1,259 sq ft.

Selling prices start from RM470,000 and the units are expected to be completed in the fourth quarter (Q4) of 2025.

Other facilities planned for the area include gated and guarded community, two years of free maintenance fees and five years of free usage of Clubhouse at Amverton Links.

Nearby amenities include banks, shopping malls, specialist hospitals, public and international schools.

The development is connected to five major highways, which are New Klang Valley Expressway, Shah Alam Expressway, South Klang Valley Expressway, Damansara-Puchong Expressway, Federal highway and the soon-to-be-completed West Coast Expressway.

HIL Industries also aimed to launch property developments with a gross development value (GDV) of RM275.7 million by Q1 2023.

Among the projects are 154 units of stratified double-storey terrace houses in Sungai Buloh and 141 units stratified bungalows in Amverton Cove, Carey Island.

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