SETIA ALAM: Eco World Development Group Bhd (EWDG) today, simultaneously unveiled five projects in Penang and the Klang Valley.
They are Eco Forest and Whitten @ Eco Majestic in Semenyih, Eco Business Park V in Puncak Alam, Dremien @ Eco Ardence in Setia Alam and Eco Horizon in Batu Kawan, Penang.
EWDG president and chief executive officer Datuk Chang Khim Wah, together with the company’s divisional general managers Datuk Hoe Mee Ling, Ho Kwee Hong, Evon Yap and Liew Tian Xiong, officiated at the nationwide launches today in their respective show galleries within the Klang Valley.
“We’ve received positive feedback and strong support from homebuyers and property investors,” said Chang.
“We’re confident that we will do well again. Detailed sales including total units sold across these five projects will be announced in the current year results ending October 2017,” he told reporters at the sidelines of Dremien @ Eco Ardence launch here today.
The second residential phase at Eco Ardence in Setia Alam called Dremien comprises 259 units of garden homes, semi-detached houses and bungalows with a gross development value of RM290 million.
The garden homes have built-up area of 2,401 sq ft to 2,411 sq ft, the semi-detached houses occupy 2,530 sq ft to 2,724 sq ft and the bungalows are being built in plots measuring 3,101 sq ft to 4,917 sq ft.
Prices of the garden homes start from RM1.4 million while the semi-detached houses and bungalows are from RM1.6 million and RM2.4 million, respectively.
The 533-acre freehold Eco Ardence, which has a gross development value of RM8.5 billion, is being developed over the next 10 to 15 years.
In Semenyih, EWDG debut its first phase in Eco Forest within the Ebonylane precinct. It features 685 units of 2-storey terraced homes in two designs, namely Artisan and Garden, starting from RM600,000.
Artisan homes are available in three sizes — 20ft by 65ft, 20ft by 70ft and 22ft by 70ft — while the Garden homes are all 30ft by 62ft. Phase 1 comprise 300 units.
Eco Forest spans across the 515-acre freehold tract and has a gross development value of RM3.5 billion.
EWDG also unveiled its first business park in the Klang Valley, named Eco Business Park V, which carries a gross development value of RM3 billion.
This is the fourth Eco World Business Park project in Malaysia. This 518-acre leasehold development is a joint venture with the Employees Provident Fund Board.
It offers around 100 cluster or semi-detached factories to business owners with an indicative selling price starting from RM1.88 million and RM3.33 million, respectively.
Up north, EWDG will be launching the first phase of landed homes in its 300-acre Eco Horizon township in Batu Kawan, Penang. Eco Horizon will be the first gated-and-guarded development in Batu Kawan.
Named Ashton, the first phase will comprises 2-storey terraced homes, super-linked homes and garden homes.
With built-up area ranging from 2,290 sq ft to 2,601 sq ft, the average price of units in phase 1 is RM940,000. Ashton consists of 704 units, of which about half is open for sale starting today.
In total, EWDG has about 8,052.7 acres of landbank in Malaysia with a total gross development value of RM87.5 billion.
This housing developer, which is fast popularising stratified living in its gated and guarded townships has 20 ongoing projects in the Klang Valley, Iskandar Malaysia and Penang.