Developer’s first PR1MA project in Selangor and first township in north Klang.
Sime Darby Property Bhd launched the first phase of its Sime Darby Property Affordable Homes initiative in Bandar Bukit Raja, Klang, recently. It is the developer’s first PR1MA project in Selangor after Bandar Ainsdale which was launched in Negri Sembilan in 2011.
Phase 1 of this project in Bandar Bukit Raja is made up of 321 units of double-storey terrace homes. The built-up areas of these 3-bedroom, one utility room and 3-bathroom homes are range between 1,310 and 1,380 sq ft. The houses are priced below RM400,000–lower than the normal market price for such properties, says the developer.
Amenities offered include green areas with natural vegetation, reflexology paths, basketball and futsal courts as well as children’s playground.
The houses will be part of a township comprising 2,090 houses in total, to be launched by 2016. It will be the company’s first major township in north Klang, said Sime Darby group COO Dato’ Wahab Maskan at the launch. The project was launched by Prime Minister Datuk Seri Najib Tun Razak.
Sime Darby also touts Bandar Bukit Raja as the next township destination in this region. It is located in close proximity to Jalan Meru, Klang Sentral transportation hub, Setia Alam, and established industrial mixed developments.
“Our quality affordable homes in Bandar Bukit Raja are located within a maturing area that is growing in market value. The value of the residential, commercial and industrial properties has risen at least 100% in the last 10 years, which translates to a 10% rise per annum.”
“The affordable homes are priced considerably less than the market value, thus presenting a gem of an opportunity for qualified home buyers to own and enjoy the potential value increment,” Dato’ Wahab concluded.
Sime Darby Property plans to build a total of 21,120 units of affordable homes by the end of 2016. Approximately half of these will be landed properties. These homes will be located in major urban or sub-urban areas with a gross built-up area of 800 to 1,400 sq. ft.