Monday, June 25, 2007

Boustead holds balloting for landed properties

Boustead holds balloting for landed properties
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By THEAN LEE CHENG

BOUSTEAD Properties Bhd is holding a ballot for two phases of freehold landed properties comprising 57 units of semi-detached and 75 units of 2½-storey landed terraced housing this morning (June 23).

Executive director Datuk Ghazali Mohamed Ali says only about 10% of the 4,500 registrants are expected to turn up for the exercise.

The 132 units are part of a total of 487 residential units to be launched by the company this year, including 310 condominium units. An additional nine bungalow units will be launched later in the year, priced around RM3mil.

The semi-detached units for this morning’s ballot will have an average built-up of 4,000 sq ft while the 2½-storey terraced housing will have a built-up area of 2,500 to 2,700 sq ft with land area of 26ft x 80ft.

The ballot involves two types of semi-detached, those in Phase 1F, which is closer to Tesco and The Curve and in Phase 10, which is adjacent to Damansara Perdana town centre. Both phases 1F and 10 for the ballot offer a mixture of semi-detached units and terraced housing.

The semi-detached units are priced between RM1.72mil and RM2.32mil for non-bumiputra while bumiputra units are priced between RM1.6mil and RM2.1mil. The linked terraced housing is priced between RM920,000 and RM1.2mil for non-bumiputra (bumiputra: RM855,600-RM1.1mil).

Subsequent launches of 2½-storey terraced housing will have a built-up of 26ft x 95ft.

Says Ghazali: “Mutiara Damansara has, over the years, become a very liveable place. Amenities like The Curve and Tesco have provided a lot of value-added components. We have, at the same time, taken great pains to put in the aesthetics like planting ample trees and shrubs and adding in other value-added features like perimeter fencing. So all these have added up very well for us, and our buyers.

“Each residential precinct (scheduled for launching this year) is also fenced and will have a guard post provided by the developer. However, residents of each precinct are required to organise the employment of security manpower to man the guard post located at individual precincts. This has been successfully implemented in all the earlier phases of Mutiara Damansara by the home owners.”

Besides perimeter fencing, each house is fitted with an alarm system which will be activated when intruders try to break open any of the secured doors and windows. To activate the alarm system and linkages to the nearest police station, each home owner will have to liaise with a security company and police station, Ghazali says.

Cabinets and wardrobes will not be provided as these are personal choices. Instead, the units come with 3-phased wiring, alarm system, solar heater, auto gate and Astro points, but they will need to get the service provider to install the necessary wirings.

Phase 1F will have three entry/exit points while Phase 10, a single entry/exit point.

Besides the landed units, Boustead will also be offering 310 condominium units with built-up area of between 1,200 and 2,800 sq ft later on this year.

On the price of the condominium project, he says this will be priced in the high RM300 to RM400 per sq ft range.

“Surian Condominium was sold for about RM250 per sq ft several years ago. These are now being marketed in the high RM300 per sq ft and some even RM400 per sq ft. So we are optimistic about these 310 units that will be coming up soon.”

Each unit will be allocated with two car park bays and option to purchase extra car parks and storage space.

The landed properties do not have facilities but the condominium will have swimming pools (for adult and children), a gym, a sauna, squash courts, function rooms, spaces for cafeteria, laundry, nursery tuition centre and convenience shops.

Security for the condominium will include entry via access card only, CCTV at lift lobbies, and perimeter fibre optic fencing with infra red lights. In addition, guards will be patrolling the area 24 hours a day. Yet to be named, this high-rise will be located next to Phase 10, which is close to Damansara Perdana town centre.

Ghazali says the main selling point of the project is Location! Location! Location! Being a gated community has also been key to the project’s appeal, he says.

Another key feature of the project is excellent infrastructure and easy accessibility as there are several ways to get to Mutiara Damansara.

Another big value-added factor for the township is the future LRT route (LRT3) which will link Kota Damansara to Cheras and which will pass by Mutiara Damansara.

Its location around established townships like Bandar Utama, Taman Tun Dr Ismail and Bandar Sri Damansara has also helped.

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