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Sime Darby to develop affordable housing project with RM155mil GDV


Jauhari briefing members of the media after the signing of the MoU. - Bernama pic

Jauhari briefing members of the media after the signing of the MoU. - Bernama pic

KUALA LUMPUR: Sime Darby Property Bhd is developing a new affordable housing project, Harmoni 1, located in the City of Elmina, Shah Alam with a gross development value (GDV) of RM155mil.

Managing director Datuk Jauhari Hamidi said the project would be the first of its kind in Malaysia to adopt the Divergent Dwelling Design (D3) concept.

He said the company would complete two prototypes of the D3 concept house by the middle of the year before pursuing the actual project in the third quarter.

“We are confident that this project will get good response from buyers, based on the price range, quality and standard of the houses,” he told reporters after the signing of memorandum of understanding between Sime Darby Property and Construction Research Institute of Malaysia (Cream) in Kuala Lumpur on Thursday.

Cream chairman Tan Sri Dr Ahmad Tajuddin Ali said the D3 concept would enable the country to resolve its affordable housing issues and facilitate the shift towards higher quality housing.

“D3 is the result of years dedicated research by Cream and G and A Architects in collaboration with Sime Darby Property. We are pleased to be able to implement the concept into real construction practice,” he said.

He said the D3 concept would reduce the completion period for construction in about 24 months compared to 36-42 months using the conventional concept.

Sime Darby Property’s D3 sustainable homes concept involves pre-fabrication and mass production of components for residential units that enable cost-saving, higher product quality, reduction of on-site labour and minimised wastage.

Jauhari said the houses would be priced between RM200,000 and RM250,000 with built-ups of between 900 and 1,000 sq ft.

“Sime Darby Property aims to provide customers with the best quality affordable homes by being the first to adopt the D3 concept, which offers innovative advantages.

“This collaboration is also part of our innovative efforts to focus on various aspects of our products including affordability, adaptability, quality and sustainability,” he added.

Potential buyers must register with the Selangor Housing and Property Board, which will then submit the list of qualified buyers to Sime Darby Property. - Bernama
   

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