KINTA Properties Sdn Bhd plans to launch about 200 units of super-sized semi-detached and bungalow properties in Bandar Baru Sri Klebang early this year.
The bungalows are scheduled for launching by Chinese New Year, while the semi-detached will be launched in April.
These properties are larger than the conventional semi-detached and bungalows. The semi-detached houses each have land area of 3,405 sq ft, while the land area of the bungalows measures 8,000 sq ft.
The conventional semi-detached and bungalow have 3,200 sq ft and 5,400 sq ft respectively, said chief executive officer Dr Tan Chin Yong.
Tan said the price of the bungalows would range between RM450,000 and RM550,000 while the semi-detached houses between RM270,000 and RM350,000.
Our strategy is to attract buyers from the higher income category and we want to give them more than their moneys worth, he said.
Tan said the company's decision to focus on the development of super-sized landed residential properties was based on feedback received from house buyers of Bandar Baru Sri Klebang.
In our previous launches of conventional sized bungalows with land areas of 5,400 sq ft and super-sized bungalows of 8,000 sq ft, we found the super-sized types had greater appeal and demand, he added.
Purchasers of Bandar Baru Sri Klebang said they invested in the housing scheme because of the value for money and the potential of Klebang as a growth area.
Sharifah Noor Hamidah said her family needed bigger space and Kinta Properties' super-sized bungalows suited her needs.
My double-storey bungalow, purchased for RM320,000, has five bedrooms and sits on a land area of 7,395 sq ft.
Furthermore, Bandar Baru Sri Klebang is only a stones throw from hypermarkets such as Jusco and Makro, she said.
Leong Sin Yee said she and her husband bought a double-storey shop-house in Bandar Baru Sri Klebang because Klebang was growing rapidly and designated by Ipoh City Council as a focal point for development.
The Kinta Free Trade Zone, where the major industries are located, is also close by. Since we are going to run a cake shop, the strategic location of Klebang is ideal for us, she said.
Meanwhile, MK Land Holdings Bhd chief operating officer K. Mohanachandran said the group had received good response for its 988 residential and commercial properties, comprising 756 single-storey terraced houses and 227 single-storey shop-houses, launched in Taman Klebang Putra late last year.
The price of our single-storey terraces ranged between RM35,000 and RM124,000, depending on the size, while the single-storey shop-houses are priced between RM107,000 and RM163,888.
We also invested RM3mil in the construction of a clubhouse with a variety of recreational facilities. Our strategy is to show our customers the type of facilities they will be getting at Taman Klebang Putra, Mohanachandran said.
He added that the value of Taman Klebang Putra would appreciate when a proposed 40-metre road running through the project and connecting adjoining satellite townships such as Jelapang and Meru was implemented.
Goh Seong Pheow, a certified financial planner, said MK Land adopted the right strategy in developing single-storey shop-houses.
Goh, who owns three shop-houses in Taman Klebang Putra, said this was because the first floor of a double-storey shop-house did not command good rental value, especially in the suburbs. An investor like me would use the money to buy two single-storey shop-houses rather than a double-storey shop-house, he said.