MAH Sing Group Bhd’s largest township development, Meridin East in Pasir Gudang, held a virtual property launch for its latest double-storey link home, Acacia Phase 2.
The virtual launch generated great interest and interaction via the online platform.
Over one weekend, Mah Sing’s Acacia 2 achieved over 80% take up.
The Meridin East sales gallery also conducted on-ground activities according to the standard operating procedure to safeguard guests who pre-registered to visit the Acacia show unit.
The Acacia double-storey link home has a land size of 22’x70’, built-up of 1,838sq ft, and priced from RM498,000, with four bedrooms and three bathrooms.
“We are pleased to announce that we attained a 100% take-up rate for the 93 units under Phase 1, which we launched on Feb 8, having a gross development value (GDV) of RM55.4mil, ” said Mah Sing chief operating officer Benjamin Ong.
“As for Phase 2, we achieved a take-up rate of 80%, which comprised 94 units, and for a GDV of RM57.2mil.
“We hope the take-up rate for Acacia Phase 2 is able to meet and reflect similarly following the stellar performance of Acacia Phase 1.“
Apart from that, Acacia Phase 2 is a participating project in Mah Sing’s Eazy to Own campaign, which also offers the Maybank Islamic HouzKEY, an innovative home financing solution that can provide buyers with easy entry of up to 100% financing and lower monthly instalments.
Besides that, Acacia Phase 2 is also participating in Mah Sing’s HOC Plus campaign, which offers smart home system package to all new purchasers this month.
“The encouraging take-up rate for Acacia Phase 2 is a testament to demand for affordably priced properties of good quality at strategic locations will remain resilient, ” said Ong.
“This positive result is also on the back of the Government’s Home Ownership Campaign 2020.
“Buyers can leverage on HOC 2020 under Penjana, which includes stamp duty exemption on the instruments of transfer for residential properties limited to the first RM1mil of the home price and full stamp duty exemption for loan agreement.”
The low bank interest rate also enables purchasers to own Acacia Phase 2 from only RM1,150 per month.
Located in the new city of Pasir Gudang, Meridin East is a 531ha freehold green township.
Its 200ha of lush greenery is accompanied by two 4ha lakes, 16km jogging and cycling track, children’s playgrounds and basketball courts.
To date, more than 900 units of houses were handed over to purchasers, with more than 50% occupancy rate.
Around 400 units of houses will also be completed and handed over to purchasers in 2021.
Acacia Double Storey Link Home, which is due to complete in the fourth quarter of 2021 for Phase 1 and quarter four of 2022 for Phase 2, boasts a practical open concept layout which is suitable for multi-generational living.
With 24-hour security surveillance, the safety of parents and children is the least of the residents’ concern.
Mah Sing has 50 projects across Malaysia. The company has seven projects covering residential, commercial and industrial projects, in the southern region.
For details, call 07-291 3218 or visit Meridin East’s sales gallery.
The sales gallery is open daily from 10am to 6pm.
Buyers are also welcomed to visit Meridin East’s website at https://bit.ly/AcaciaME