Farming sanctuary for investors


  • Metro News
  • Friday, 15 Mar 2019

(From left) Kok, Tee, Wong Tack, Foon Meng and Kamache.

BINA Puri Holdings Bhd through its subsidiary Karak Land Sdn Bhd launched an expanse development with the farming community in mind.

The 650ha The Valley@Bentong with a gross development value of RM152.7mil is 3.5km away from Karak town, an hour’s drive from Kuala Lumpur and two hours to Kuantan.

The Valley aims to create a farming community by offering an agriculture-based concept of farming and homesteads.

Bina Puri group executive director Datuk Matthew Tee said The Valley@Bentong is divided into four development zones.

The first zone known as “The Kerau” with Phase 1 and 2 consists of homestead development, including a clubhouse and main infrastructure works with total development of 242ha area.

The name was adopted from Sungai Kerau which flows through the land, giving access to fresh mountain water.

“We purchased the land back in 2013 and our soft launch for Kerau Phase 1 was initiated in December 2016 with 158 lots.

“We achieved more than 70% sales within six months.

“Due to the overwhelming response, we subsequently decided to open Phase 2 comprising 138 lots for sale with prices starting at RM5.88 to RM8.09 psf,” said Tee.

“Besides the homestead development, we have also allocated approximately 121ha for cash crops and durian plantation for zone 2.

“Phase 1 is in good progress with 2,600 trees planted and we planted 2,500 trees in Phase 2.

“The first harvest is expected within five to six years.

“And finally, for zones 3 and 4, we sold 175.2ha leasehold land and the balance land of 134.7ha will be reserved for future development,” said Tee.

The Valley, nestled between tourists hotspots and durian orchards, especially the likes of Musang King, is expected to become one of the most sought after developments in Karak due to its proximity to Kuala Lumpur.

All of these factors will encourage city folk to create their home away from home, providing an enriching lifestyle and enabling residents and owners to enjoy the fruits of their labour.The launch was attended by Primary Industries Minister Teresa Kok, Bentong MP Wong Tack,

Bina Puri chairman Tan Sri Wong Foon Meng and Bina Puri group managing director Tan Sri Tee Hock Seng.

Other special guests were Sabai assemblyman Kamache Doray Rajoo, Bilut assemblyman Lee Chin Chen and Ketari assemblyman Young Syefura Othman.

Bina Puri has successfully completed projects such as roads and highways, bridges and interchanges, waterworks, land reclamation works, residential and commercial buildings, hotels, hospitals, airports and government complexes.

The company’s notable list of investment portfolios include the 33km toll highway linking the Kuala Lumpur and Kuala Selangor Expressway, Main Place Residence and Mall at USJ 21, and power plants in Indonesia.


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