Property Insight February 2015

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NEWS & EVENTS ASET KAYAMAS UNVEILED AN ICONIC RESIDENTIAL HAVEN roperty developer Aset Kayamas Sdn Bhd recently unveiled Parkhill Residence development project, a new iconic haven amidst the lush greenery of Bukit Jalil. Parkhill Residence will be built over 5.65 acres of land encompasses two condominium towers, with a total of 1,062 units priced from RM555,000, with two types of units: 1,100 sqft (3 bedrooms and 2 bathrooms) and 1,300 sqft (3+1 bedrooms and 2 bathrooms). The first phase of Parkhill Residence will be exclusively offered to government servants under the PPA1M scheme, while the second phase is open to public. The residence will feature full condominium facilities such as swimming pool, kid’s pool, gym, surau, multipurpose hall, covered parking, clubhouse, children playground,

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24-hour guarded security and many others. Aset Kayamas managing director Yvonne Chai Woon Yun said, “We believe a project of Parkhill’s stature is timely to remain true to our diversity. The concept of luxury living redefined will cater to an entirely different segment of dwellers. As more and more urbanites seek the calmness and serenity of lush greenery surrounding their homes, Bukit Jalil has still much of that preserved, making it an ideal location

to escape the hustle and bustle of the city, yet be close enough to all the action.” The total GDV for Parkhill Residence is about RM680 million, and project completion is estimated to be in mid2018. Speaking at the unveiling of the project showroom and logos of Aset Kayamas and Parkhill Residence, Federal Territory minister YB Datuk Seri Utama Tengku Adnan Tengku Mansor commended Aset Kayamas for the foresight in selecting a

(From left) Ministry of Federal Territories secretary general Datuk Seri Adnan Hj Md Ikhsan, Aset Kayamas chairman Tan Sri Datuk Chai Kin Kong, Federal Territories minister Datuk Seri Utama Tengku Adnan Tengku Mansor, Federal Territories deputy minister Datuk Dr Loga Bala Mohan

A REVOLUTIONARY NEW IOI TOWNSHIP IN BANGI he town of Bangi will be adorning a vibrant landscape with the launching of IOI Properties’ Bandar Puteri Bangi township – a 370-acre freehold integrated mixed development. Its master plan includes 167 acres dedicated to the development of a commercial hub that will make it one of the biggest centres of business and economic activities within the Southern Corridor of Klang Valley covering Kajang, Bangi, Semenyih and Nilai. The whole site comes with a GDV of RM4 billion and will be transformed into a fully integrated modern lifestyle township over the next eight years. The development is based on the concept of ‘the living theatre of nature and people’; while the landscape concept is called ‘The Streets of Dreams’ which offer visitors a glimpse of the famous California Street, Tropical Street and

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Art Street; and complemented by tree-lined boulevards, lush flora and spectacular landscape. Collectively, The Streets of Dreams create a green network that reconnects the urban population with the natural landscape through a system of parks, paths and open public spaces. The other components are the arenaOasis Clubhouse and ecoOasis Parkland. Bandar Puteri Bangi is strategically placed within the Southern Corridor of Klang Valley, which has been experiencing booming growth, thanks to the emergence of Putrajaya, Cyberjaya and the vicinity around Kuala Lumpur International Airport as popular choices for residential and commercial developments. In addition, Bangi is also fast emerging as a genuine hotspot location due to the increasing demand for affordably priced properties by investors and house buyers. Bandar

FEBRUARY 2015 | www.propertyinsight.com.my

Puteri Bangi offers a wide range of residential and commercial products with thoughtful architecture and sustainability elements. From the total of 370 acres, 40% will be developed as residential precincts, 40% dedicated to a commercial hub (3- & 4-storey shop-offices, integrated retail lifestyle commercial developments & Tesco Hypermarket), and 20% to landscape, parkland and public amenities. The spectrum of properties to be launched includes Kubica Square 3 & 4-storey shop-offices (built-up 5,237 - 17,465 sqft, priced from RM1,525,800), The Terresse 2-storey superlink house (built-up from 2,510 sqft, priced from RM728,800) and


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