Developer sees growth prospects in Semenyih

  • Metro Biz
  • Saturday, 07 Feb 2015

Greenery: Tiara South’s three-storey garden homes feature award-winning landscaping.

While undeveloped land around Kuala Lumpur has become noticeably scarce, developers like Kueen Lai Properties have long since capitalised on the rapid development of areas in the southern corridor of the Klang Valley.

“Kuala Lumpur has been so fully developed that there is no more land for new developments, so infrastructure has been expanding as far as Semenyih and Seremban over the years,” said Kueen Lai Group of Companies managing director Datuk Eng Soo Min.

“Property in the southern corridor is cheaper and more attractive to developers and its easy access to the city has made it even more attractive to new house buyers and investors,” he said at the group’s recent Chinese New Year open house event.

The company hosted the open house at the show unit of their upcoming gated residential development, Tiara South, near Bandar Rinching in Semenyih, over the weekend on Jan 24 and 25.

Eng said that the purpose of the open house was to show appreciation for their buyers as well as provide new, potential buyers with information regarding their latest property.

With other bigger developers gradually taking up land in Semenyih, Kueen Lai managed to secure 12.1ha of freehold land for Tiara South, estimated to have a gross development value of RM380mil.

Tiara South will consist of 250 units of three-storey garden homes, 21 units of three-storey terraced homes and an apartment block with 266 units, expected to be completed within two years.

According to Eng, the first phase of development, consisting of 119 units of the three-storey garden homes, was launched in May last year and more than 60% of the units have been booked since then.

“What makes Tiara South special is our emphasis on landscaping and the concept of a spacious living area for the comfort of the whole family,” said Eng.

Kueen Lai’s award-winning landscaping is not just restricted to roadsides either. Each garden home, as the name suggests, comes with a beautiful garden and these are all connected by green back lanes that all connect to the central park in Tiara South.

With round-the-clock security, CCTV monitoring and a spacious built-up area between 2,700sq ft and 3,100sq ft, the garden homes are priced starting from RM930,000.

“This gated and guarded community will also feature a clubhouse with common facilities for the residents such as a function room, swimming pool, gym and outdoor barbecue area,” he added.

The upcoming 266-unit apartment block caters to a slightly different market and is priced starting from RM300,000, which is fairly reasonable for the size of the unit.

The apartment units will be available for booking later this year.

Due to its location, Tiara South will also enjoy easy access to a number of known universities and hypermarkets, as well as already established facilities in surrounding townships such as Kajang, Bangi, Nilai and more.

“In the coming years, Semenyih town will see further growth and new highways will be developed in the area, so Tiara South will be able to enjoy better accessibility in the future,” Eng added.

Over the two days, visitors to the Chinese New Year open house were also treated to refreshments, a lucky draw, a talk on feng shui by Datuk Joey Yap and performances such as a traditional Chinese orchestra performance and an acrobatic lion dance.

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