SEREMBAN 2, the flagship township of Econstates Bhd, will have higher-end properties with the recent launch of the Sri Carcosa gated and guarded precinct on 70 acres.
The low-density enclave of 178 bungalows is the most exclusive in the 2,300-acre township, located about 4km south-west of the existing Seremban town centre.
The bungalows, with land area of 6,000 sq ft and built-up of between 2,300 sq ft and 3,000 sq ft, are priced from RM501,800 to RM1.2mil for a total sales value of RM115mil.
Econstates Bhd managing director Datuk Soam Heng Choon said there were 11 layout designs to choose from featuring single-, double-, 2½- and split level double-storey bungalows.
“Sri Carcosa is planned to create the ultimate neighbourhood for exclusive living within a tranquil and lush greenery environment. It features tropical resort lifestyle, a clubhouse and a four-acre landscaped park for exclusive use of the residents,” he said.
Every home will incorporate a security alarm system complete with smoke detector and motion light sensor at the car porch, communication link with guard house, perimeter fencing, landscaped jogging and cycling paths and broadband Internet connectivity.
The RM5mil clubhouse will feature a gymnasium, swimming pool, basketball and badminton courts, a convenience store, and a multipurpose function hall.
The park, located on a natural undulating terrain at the centre of the development, will be equipped with play equipment, jogging path, landscaped garden and a reflexology park.
The company has completed a show village featuring nine furnished bungalows to showcase the luxury and ambience of the Sri Carcosa bungalows.
Soam said Seremban 2 would feature 11,000 residential units and 140 acres of commercial precinct with about 500 to 600 shop lots and shopping complexes. Slated for completion in 2010, the total gross development value expected is RM2bil.
Since its launch in 1995, over 8,000 properties worth some RM1.2bil have been sold. Of the development, about 75% comprised affordable homes priced from RM36,000 for the low-cost units to RM200,000 for double-storey terraces and up to RM1.2mil for the bungalows.
Scheduled for future launches are 208 units of courtyard homes priced from RM155,800, 178 bungalows from RM298,800, 415 medium cost apartments from RM85,000, 50 single-storey shops from RM170,000, 32 double-storey shops from RM280,000, 107 single-storey terraces from RM90,000 and 118 super-link houses from RM210,000.
“Seremban 2 is the fastest growing township in Negri Sembilan, and its properties are selling well because of its good location and accessibility to major roads and highways. It is also well endowed with amenities, including a 34-acre sports complex, five schools, colleges and a private hospital.
“Some 40 acres have also been allocated for the various government departments, including a court complex with 11 courts, state immigration headquarters, state fire and rescue department, district land administration centre and health centre.
“Upon completion by the end of 2004, it will take on the role as Seremban's next administrative centre,” he said.
On Shah Alam 2, Soam said that since its launch in 2001, a total of 1,510 units valued at RM203mil had been sold.
The 1,093-acre project is part of the integrated development of Bandar Puncak Alam, spanning more than 14,000 acres near Shah Alam.
Upon the project's completion in the next six to seven years, its gross development value will amount to RM1.5bil.
He said about 75% of the properties were affordable homes priced from RM160,000 to RM200,000 with built-up of between 1,300 and 1,800 sq ft.
“Shah Alam 2 is an innovative and well-planned township with green areas, parks, shaded walkways and tree-lined landscaped streets. A range of facilities have been planned, complete with a landscaped town square,” said Soam.
Property types available for the upcoming launches are 686 units of double-storey terrace house for an estimated sales revenue of RM128.88mil. Also available are 810 bungalow lots at the D'Alamsari precinct, a low-density Balinese haven on 495 acres, going at RM14 to RM23.50 per sq ft.
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