PETALING JAYA: Heng Guan Development (HGD) has commenced the handover of 129 homes at Aera Gardens, the first residential component of its 150-acre Aera township in North Sungai Petani.
The township has an estimated gross development value (GDV) of RM828mil and is being developed over five phases. Phases two and three are expected to introduce approximately 1,000 additional homes by 2028 while the overall township masterplan is targeted for completion by 2032.
As part of the handover, the home owner will receive a bicycle, reflecting HGD’s wider vision of fostering a more active, connected and sustainable way of living within the township. It also serves as a symbolic commemoration of HGD's humble beginning in the bicycle business.
“Our journey began with bicycles almost a century ago and today we are giving bicycles to families beginning a new chapter at Aera. In many ways, it brings the story of Heng Guan full circle,” chief executive officer Lim Tiong Haan said.
Aera is planned as an integrated township comprising residential, commercial and lifestyle components. The completion of Aera Gardens marks the township’s first residential handover.
Stay ahead of the crowd and enjoy fresh insights on real estate, property development and lifestyle trends when you subscribe to our newsletter and follow us on social media.
