NEW home launches in Cheras are having better features as developers battle it out in a competitive market.
The latest offering is from the Mitraland group whose gated and guarded Oasis@Cheras will have 121 units of three-storey courtyard terrace houses with a renovation-free concept (fully extended to the rear) and many extras. It will also boast an “active” and a “passive” park, the first concept of its kind in Cheras.
Features include 15ft-high ceiling and 8ft-high doors, large built-up areas of over 2,700 sq ft, 3-phase power supply, skim coating for internal wall, display and Asian kitchens, courtyard and two master bedrooms with en-suite bathroom.
The master bathroom will also have sunken bath, vanity top, hot and cool copper piping and shower screen.
It also comes with a three-tier security system: perimeter fencing, CCTV at guardhouse with guard patrol and home alarm system for each house.
There are two types of 4+1 bedroom designs: Type A (77 units measuring 22ft x 70ft and 19 units of 22ft x 74ft) and Type B (25 units of 22ft x 70ft).
Venue Plan Sdn Bhd, a member company, is developing the 9.5-acre freehold project with a gross development value (GDV) of RM52mil in Taman Cheras Utama, adjacent to the newly opened Bintang supermarket. Surrounding housing estates include Taman Desa Baiduri, Bandar Damai Perdana, Taman Sri Minang and Bandar Alam Damai.
Mitraland general manager Low Kwok Leong said 30% of the units had been sold since the soft launch in January. The official launch is slated for Sept 15 and 16.
He said purchasers would be offered a RM10,000 discount and freebies worth another RM15,000. These include three units of free air-conditioners, auto-gate system, water heater, home alarm system and free legal fees for sale and purchase agreement.
“We are now building two show houses which should be ready by December. This development will be certified by CONQUAS 21,” said Low, adding that the proposed maintenance fee would be RM150 per month. (CONQUAS, or Construction Quality Assessment System, is developed by the Building and Construction Authority Singapore).
Low said there would be two parks: an “active” park featuring children's playground and fitness equipment while the “passive” park will have hammocks and a walk path.
Sales and marketing manager Eddie Wong Wah Sun said Oasis@Cheras was sited on elevated land with modern and contemporary designs.
“We are adopting our Kiara 1888 condo concept such as sunken bath for Oasis@Cheras. Our courtyard terraces will also have plenty of glass to bring in the natural lighting,” he said.
Amenities include the Jaya Jusco Cheras Selatan, SRJK Connaught 2, University College Sedaya International (UCSI) and many shop offices. It is accessible via the Cheras-Kajang Highway, SILK Highway and East-West Link.
Mitraland's Kiara 1888 in Mont' Kiara, Kuala Lumpur, is 95% sold and will be completed in the third quarter of next year, about four months ahead of schedule.
The company netted RM20mil sales in one weekend at the project's exhibition in Singapore in April. The show unit will be ready for viewing next month.
“We just sold a 2,800 sq ft penthouse for RM1.2mil,” said Low, adding that the launch price of about RM320 psf had now gone up to between RM450 and RM480 psf.
He said the group was looking for land in Mont' Kiara and the Klang Valley. “Mont' Kiara is a good place to do property development as the market is still there,” he added.
Mitraland has a new mixed development called Sejati Lake Park in Segamat, Johor. The 102-acre project with 900 housing units and RM120mil GDV is the company's first leasehold project and is being developed by joint-venture company Landas Persona Sdn Bhd.
It has sold 50% of the 112 units of Phase 1 homes since its launch on Aug 11 and 12. Phase 1 comprises cluster semi-detached houses (priced from RM238,800/2,100 sq ft built-up) and link bungalows (priced from RM270,000/2,300 sq ft built-up).
“We are creating a three-acre lake. This lifestyle development is the first of its kind in Segamat,” he added.