Artist's impression of the Sunway Iskandar masterplan which details where each aspect of the development will fall into place.
ISKANDAR: Pre-fabricated homes are a rare sight in Malaysia, but all that is set to change with the recent joint venture between Daiwa House Malaysia Sdn Bhd and Sunway Iskandar Sdn Bhd. Daiwa House plans to alter the public’s perception by developing 100 units of high quality pre-fabricated landed homes, located strategically within Sunway Iskandar’s Lakeview Precinct.
Sited on a 13-acre plot that Sunway Iskandar transferred to the joint venture company, this project will be adjacent to the pristine 20-acre Emerald Lake. The parcel of land is to be 70% owned by Daiwa House and 30% by Sunway Iskandar with a financial consideration of RM63 million for the development of the homes.
The term ‘pre-fabricated’ refers to the process of manufacturing of houses or housing components offsite in a factory environment before final installation onsite. These pre-fabricated housing technologies enable for faster construction and delivery to customers, in addition to consistent product quality and enhanced liveability.
Using cutting-edge technologies, the project will consist of bungalows, semi-detached and cluster homes, all safely ensconced in a gated and guarded community. To further enhance the living conditions of its future residents, there will be amenities provided such as a clubhouse, swimming pool, gymnasium, multi-purpose hall, childcare centre and prayer facilities.
The project has a gross development value (GDV) of RM210 million and is expected to launch in early 2016, with the handover to customers estimated for mid-2017. Potential homebuyers stand to benefit from the strategic location of this project as Sunway Iskandar is also known as “Nature’s Capital City”.
Apart from the lush greenery surrounding Sunway Iskandar, it is located within the heart of Iskandar Malaysia, and is approximately five minutes away from Singapore via the Second Link Expressway. It is also 25 minutes from Senai International Airport and is surrounded by Iskandar Malaysia’s catalytic developments including Legoland Malaysia, Pinewood Iskandar Malaysia Studios, EduCity, Kota Iskandar and the International Financial District.
According to Sunway Property managing director Sarena Cheah, “This strategic collaboration is in line with Sunway’s vision to integrate world-class liveability in Sunway Iskandar. With Daiwa House’s world-recognised expertise in pre-fabricated technologies, we hope to expand the pre-fabricated housing technologies in Malaysia and to deliver high quality products to our homebuyers in Sunway Iskandar.”
As a subsidiary of Japan’s largest pre-fabricated homebuilder and Fortune Global 500 company, Daiwa House Industry Co. Ltd., Daiwa is a pioneer in prefabricated housing in Japan and has been producing more than 550,000 prefabricated homes since 1959.
Prior to this, Daiwa has completed a prefabricated house prototype in Sunway Eastwood, Selangor, since the middle of last year. The 3-storey bungalow prototype, with a built-up area of 3,968 sq. ft., was completed from ground up within a short 5 months, utilising local suppliers and contractors.
“The homes in Sunway Iskandar will incorporate cutting-edge design features, tapping into Daiwa’s experience in Japan and R&D strengths, such as child-friendly door designs, home energy management systems, as well as game-changing lifestyles for the communities of Sunway Iskandar,” said Daiwa House Malaysia managing director Daisuke Usugi.
