HOME-SEEKERS from Penang, Kulim, and Seberang Prai are coming into Sungai Petani town to buy higher-end residential properties, according to Rahim & Co (Sungai Petani) branch manager Madihah Omar.
“That is why there are now higher-end types of landed residential properties such as Laguna Merbok and Lagenda Heights being developed to cater to such demand.
“Paramount Property (Utara) Sdn Bhd, for example, equipped its Laguna Merbok residential scheme with clubhouse facilities and round-the-clock security to attract the locals in Sungai Petani who want to upgrade their lifestyle as well as outstation purchasers to buy their properties.
“I believe Sungai Petani town has the potential to accommodate more high-end housing schemes,” she added.
Meanwhile, Paramount Property (Utara) sales and marketing manager Ruth Foo said her company had in the middle of last month launched an additional 64 double-storey terraced houses with built-up area of 1,783 sq ft, priced at RM139,000.
“This was the last phase of double-storey terraces, which we are selling at RM139,000. The selling point for these properties is the large bedrooms. The pricing will be revised for our next scheme of terraced houses scheduled for launching next year,” she said.
Foo said Paramount had launched 2,651 landed residential and commercial properties comprising double-storey terraces, double-storey semi-detached, bungalows, and double-storey shop lots since 1996.
“We have sold about 90% of these properties. We plan to launch another 1,380 units of double-storey terraces, double-storey semi-detached houses, bungalows, and double-storey shop lots in phases till 2009 starting early next year,” she said.
Nice Saga Development Sdn Bhd, the developer of Lagenda Heights, plans to launch this month 2 and 2½-storey bungalows priced from RM600,000 in Lagenda Heights.
“By early next year, the plan is to launch 213 landed residential and commercial properties in Lagenda Heights. The properties will comprise 66 units of 2- and 3-storey shop offices, 66 units of 2- and 2½-storey semi-detached houses, and 91 units of double-storey terraces,” Nice Saga director Tan Hock Seong said.
Tan said the company had launched 553 mixed landed residential and commercial properties since 2001. “The majority of the properties are completed and sold with certificates of fitness obtained,” he said.
Meanwhile, B.J. Chan, an accountant who bought a double-storey terraced house in Laguna Merbok in 1996 for RM160,900, said his family fell in love with the residential scheme the moment they saw it.
“The scheme fronts the western bypass, currently under construction, and is directly accessible from the North-South Expressway via Sungai Petani northern toll interchange. The property value here yields reasonable appreciation per year. We do not mind buying a second home here for investment,” he said.
Omar Ibrahim, a retired teacher living in a double-storey semi-detached house which he bought in 2000 for RM242,637, said the Laguna Merbok residential scheme provided good value for money.
“We are buying landed properties in a gated community with individual titles, not strata titles. In Penang, such properties will have smaller built-up areas and come with strata titles. Laguna Merbok also has good round-the-clock security and gives you the feeling that you are staying in a resort, as it has comprehensive clubhouse facilities,” he added.