IOI Properties to build 900 townhouses in Bangi and Sepang

Firm’s strategy: Lee says the IOI Properties’ strategy of building townhouses is to enable buyers to enjoy a landed environment at a lower price.

PUTRAJAYA: Township developer IOI Properties Group Bhd aims to launch a total of about 900 units of townhouses in Bandar Puteri Bangi and Warisan Puteri in Sepang with an indicative price of about RM450,000 in the last quarter of this year or the first quarter of 2018.

Bandar Puteri Bangi’s The Strata Townhouse will have a gross development value (GDV) of RM294mil and will be split into two launches while Warisan Puteri Sepang’s Ayden RM160mil.