Sime UEP to launch USJ Heights
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By LOONG TSE MIN
PETALING JAYA: Sime UEP Properties Bhd plans to launch the first two phases of its mixed residential development, USJ Heights, next month.
“The development is a gated and guarded concept blended in six distinct precincts.
“Each precinct is held together with a themed garden,” Sime UEP managing director Jauhari Hamidi told StarBiz.
The six precincts will be themed Malay, Balinese, Zen, English, Mediterranean and Highland gardens.
Artist's impression of some of the properties to be developed at USJ Heights
The two phases – USH2A and USH2B – in the Kayangan precinct will consist of units with land areas of 26ft by 80ft and 24ft by 80ft respectively.
The total gross development value (GDV) of the two phases is estimated at RM157mil.
The entire project, comprising 750 residential units in the Subang Jaya conurbation, has a GDV of about RM616mil.
USJ Heights is expected to have generally low to medium density of 5.5 grounded units per acre
“The development is highly accessible and serviced by planned major roads and transport system,” Jauhari said.
It also forms part of the highly marketable housing zone of the Klang Valley and is “exclusively isolated”.
At present, the site has direct access to the west of USJ and the north of the Federal Highway.
Physical concept of the development included “selective land use and intensity” with residential units having dominant land use, Jauhari said.
The USJ Heights development is expected to have generally low to medium density of 5.5 grounded units per acre.
Special consideration has also been given to orientation, location and distribution of the units.
The designs of the properties were modern contemporary with decorated facade and oversized windows to maximise natural lighting as well as spaciousness with large built-up areas, Jauhari said.
Future phases of the development will include bungalows and more designer homes.
The full development of USJ Heights is expected in 2010
Showing posts with label Sime Darby Property. Show all posts
Showing posts with label Sime Darby Property. Show all posts
Friday, June 29, 2007
Wednesday, March 28, 2007
Sime Darby Property positive on Ara Hill project
AllMalaysia.info
P R O P E R T Y
News Friday March 23, 2007
Sime Darby Property positive on Ara Hill project
PETALING JAYA: Sime Darby Property (SDP), the property division of Sime Darby Bhd, expects good response and take-up for its luxury high-end residential development in Ara Hill.
SDP had offered the first 100 units of the 400-unit Ara Hill to selected customers three months ago, and Sime Darby group property director Datuk Tunku Putra Badlishah said about 50 units had been taken up.
“This has given us confidence that Ara Hill will be well accepted. We are building 200 units for the first phase, set to be completed by end-2009. We are aiming for full take-up within the next nine months,” Tunku Putra told a press conference after jointly launching the Ara Hill Show House and Walk Through yesterday with Sime Darby property divisional director Jauhari Hamidi.
Jauhari said SDP had not decided when to start the second phase of the project, adding that the group was in discussion with some companies to provide “lifestyle amenities” to the new neighbourhood.
SDP, he said, was currently in talks with a few supermarkets and healthcare companies, among others, wishing to relocate or expand their services to the area, but did not name them.
Sime Darby property divisional director Jauhari Hamidi (left) and Sime Darby group property director Datuk Tunku Putra Badlishah looking at the Ara Hill property models at the launch on Thursday.
Ara Hill has a gross development value of RM380mil, and 70% to 80% of its remaining land bank is reserved for commercial buildings.
SDP would also retain ownership of its retail units in Ara Hill to control its tenancy and to keep recurring rental income, Jauhari said.
HSBC Bank Malaysia has entered into a 20:80 financing agreement with SDP whereby buyers of Ara Hill units will pay 10% of the purchase price to SDP, and place another 10% in fixed deposits with HSBC to earn interest at twice the prevailing board rate for 24 months.
The remaining 80% of the purchase price would be financed by the bank at a “low” interest rate, head of sales and distribution Linda Yip said.
Customers need not service the loan during the construction period, and would only commence payment upon possession of the property, she said.
SIME : [Stock Watch] [News]
For latest Bursa Malaysia indices, charts and other information click here
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P R O P E R T Y
News Friday March 23, 2007
Sime Darby Property positive on Ara Hill project
PETALING JAYA: Sime Darby Property (SDP), the property division of Sime Darby Bhd, expects good response and take-up for its luxury high-end residential development in Ara Hill.
SDP had offered the first 100 units of the 400-unit Ara Hill to selected customers three months ago, and Sime Darby group property director Datuk Tunku Putra Badlishah said about 50 units had been taken up.
“This has given us confidence that Ara Hill will be well accepted. We are building 200 units for the first phase, set to be completed by end-2009. We are aiming for full take-up within the next nine months,” Tunku Putra told a press conference after jointly launching the Ara Hill Show House and Walk Through yesterday with Sime Darby property divisional director Jauhari Hamidi.
Jauhari said SDP had not decided when to start the second phase of the project, adding that the group was in discussion with some companies to provide “lifestyle amenities” to the new neighbourhood.
SDP, he said, was currently in talks with a few supermarkets and healthcare companies, among others, wishing to relocate or expand their services to the area, but did not name them.
Sime Darby property divisional director Jauhari Hamidi (left) and Sime Darby group property director Datuk Tunku Putra Badlishah looking at the Ara Hill property models at the launch on Thursday.
Ara Hill has a gross development value of RM380mil, and 70% to 80% of its remaining land bank is reserved for commercial buildings.
SDP would also retain ownership of its retail units in Ara Hill to control its tenancy and to keep recurring rental income, Jauhari said.
HSBC Bank Malaysia has entered into a 20:80 financing agreement with SDP whereby buyers of Ara Hill units will pay 10% of the purchase price to SDP, and place another 10% in fixed deposits with HSBC to earn interest at twice the prevailing board rate for 24 months.
The remaining 80% of the purchase price would be financed by the bank at a “low” interest rate, head of sales and distribution Linda Yip said.
Customers need not service the loan during the construction period, and would only commence payment upon possession of the property, she said.
SIME : [Stock Watch] [News]
For latest Bursa Malaysia indices, charts and other information click here
Ads by Google
Rahsia Jutawan Segera
Rahsia Pendapatan RM40RIBU SEBULAN!
Mula Terus PERCUMA Sekarang Juga!
www.misijutawan.com
Malaysia Property Search
Malaysia Properties for Sale / Rent
Housing Projects in Every State
www.fullhouse.com.my
Food crazy in KL
find out where to eat the
tastiest street food in KL
www.waisikkai.com
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