By BUSINESS TIMES
KUALA LUMPUR: Property developer MKH Bhd is planning over RM300 million worth of new launches from its RM1.3 billion Hillpark@Shah Alam North in Puncak Alam project for the financial year ending September 2014.
Having launched its new sales gallery last week, the company is going green with its 222.57ha of eco-themed integrated township by offering affordable landed homes and choice units of various sizes and designs priced from RM439,000.
MKH managing director Tan Sri Eddy Chen said the entire eco-themed township comprises a mix of both landed and high-rise residential as well as commercial units which, will be developed over the next five years.
“This is a rapidly growing township as we have tested the response and market demand when we first launched our residential project called Pelangi Seri Alam three years ago,” Chen said in a statement.
He added that all the terrace link units and shop offices have been sold out and are now in the midst of being handed over to homeowners.
This allows MKH to further enhance its presence in other parts of greater Kuala Lumpur apart from Kajang.
Hillpark @ Shah Alam North is strategically located within the township of Puncak Alam, the Northern Corridor of Shah Alam, with easy access to seven major highways such as Guthrie, LATAR Expressway, Sungai Buloh-Kuala Selangor, Shah Alam, NKVE interchange and proposed West Coast as well as DASH (Damansara-Shah Alam Elevated Expressway).
“The distance is just 25 minutes away from Shah Alam, Petaling Jaya and Kuala Lumpur, thus providing an opportunity for cross-selling and giving potential buyers alternative,” Chen said.
Located within the vicinity are University Teknologi Mara (UiTM), McDonald’s, Tesco and Econsave. A new UiTM with medical facility, hypermarket and proposed primary and secondary schools will be ready by 2016.
The urban township is crafted with nature’s charm in mind throughout the planning stages and designed for people from all walks of life that lasts for generations.
For the active lifestyle seekers, there will be mountain bike tracks, jogging tracks and playgrounds among other features.
Phase One called Pines was launched late last year, comprising 311 double-storey link homes which were fully sold within a month.
The second phase, Cherry I & II offers 232 double-storey link and superlink homes were sold out since its preview in March.
Phase Three, Olive comprises 171 double-storey link houses were 50 per cent sold over the weekend during the opening of its new sales gallery.
Due to overwhelming response, Chen said Cherry III is now open for registration.
“We believe that this latest addition to our ever-growing development would help meet the high demand for landed properties in Malaysia as well as introduce MKH to a new and wider market in the northern Klang Valley,” he said.
To date, Chen said MKH has achieved RM400 million in sales, which puts the company on track to achieve its RM800 million sales target for the current financial year.
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