Home > News > Community
Friday May 9, 2014 MYT 12:00:00 AM
Friday May 9, 2014 MYT 2:44:35 PM
Attractive proposition: SOP’s 200-acre land that it will develop for affordable homes within the means of the lower income group.
MIRI: The rapid surge in property price of 5% to 10% annually is making it tougher for the young generations to own houses nowadays.
Price of houses has increased in the recent years. In popular housing estates, a residential property sells at least RM270,000 nowadays.
However, those longing for affordable homes must be thrilled to know that major plantation player Sarawak Oil Palms has a new development of affordable homes in the works.
Located about 40km from Miri city, at the junction of Bekenu Feeder Road, it is noticeable that a beautiful and solid land — 200 acres in size — has been cleared. It is a strategic location, with SK Kelapa Sawit No.1, SMK Luar Bandar and Klinik Tun Abang Haji Openg all within walking distance.
With a petrol station and Pusat Rehat Bekenu nearby, it is a stopping point for the road travellers to rest and meet.
In Phase I, over 500 units of houses will be built — 380 units of affordable single storey terraced house, and the rest, medium-cost single-storey terraced and semi-detached houses.
Prospective buyers can expect the affordable homes to be priced below RM150K per unit, which is within the budget of lower-income families.
Other than housing development, also under proposal is commercial development of 100 over units of shoplots.
Those involved in plantation business
nearby can start up with less capital cost, as the price of the shoplots in the area is estimated to be at least 30% lower compared to in the city.
SOP has a vast land connecting to this cleared land. Future plans include other retail and leisure facilities such as wholesale hypermarket with retail space, petrol station, drive-through restaurant, schools, parks, playgrounds and industrial properties.
“Watch out for launches soon,” a company statement yesterday said.
Tags / Keywords:
Business, Sarawak, sop
Police handcuff use compulsory under SOP
Floods: SOP must be reviewed to be better prepared in future, says DPM
SOPs for Sabah churches to bring in religious material
Public Service Dept chief wants to improve SOPs in civil service
Ahmad Zahid: SOP of Esscom to be reviewed
Have a 'whale' of a good time in Queensland
Bringing out sunset vibes
Restful repose in a capsule
Still standing 100 years later
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)