UEM Sunrise Bhd : upbeat on Estuari Gardens
07/01/2015 | 09:54pm US/Eastern
NUSAJAYA,*JOHOR:*UEM Sunrise Bhd*is confident that its*Estuari Gardens*project in Puteri Harbour, here, will receive good response from buyers when it opens for sale on Sunday.
Its acting chief marketing officer Zadil Hanief Mohamad Zaidi said about 500 people have already registered with the company to preview the units that are available for sale, with 60 of them expressing real interest.
'Estuari Gardens is the first landed property development project in Puteri Harbour, so we expect the response to be good as consumers prefer landed properties. From the registration that we have received, most are locals, as well as Malaysians who work in*Singapore," said Zadil.
"We believe the prospect in the market here is for landed properties and with everything that we have to offer in this project, including beautiful landscape and amenities, we will be able to attract buyers."
Estuari Gardens*features 350 units of two-storey superlink houses, available in four designs. The project is located on a 19.34ha site. It is phase one of the overall 159.6ha Estuari development.
"The gross development value (GDV) forEstuari Gardens*is*RM634 million*while for the entire Estuari project the GDV is*RM7 billion.
The project is expected to be completed in the next seven to 10 years," said Zadil.
He was speaking at a press conference at the project's show house, here, yesterday.
The Estuari Gardens*project started at the end of last year and is expected to be fully completed by the middle of 2017.
As for the next phases of the Estuari development, its head of project Jeff Saw said the focus would be on semi-detached, bungalows and linked houses as well as low-rise condominiums.
"We are planning for waterfront properties in the final parcel of the project. Our focus on this project is on landed and low-rise properties," said Saw.
He said the company has another parcel of land measuring 80.9ha for a project in Puteri Harbour which is at the planning stage.
"The project is tentatively called Residential South and will feature landed and low rise properties," said Saw.
(c) 2015 ProQuest Information and Learning Company; All Rights Reserved., sourceNewspapers