Eco Horizon launching soon
Eco World Development Group Bhd had achieved total sales of RM1.705 billion as at end-May for its financial year ending Oct 31, 2017 (FY2017).
The developer announced today that the group’s six projects in the Klang Valley contributed RM1.33 billion while its seven projects in Iskandar Malaysia raked in RM331 million and its two projects in Penang contributed RM45 million.
Eco World president and CEO Datuk Chang Khim Wah said: “We are fortunate that our projects have been enjoying positive momentum especially the three large-scale developments in the Klang Valley that were launched at the end of the last financial year — Eco Ardence, Eco Grandeur and Bukit Bintang City Centre.”
He shared that the second half of FY2017 will see the launch of three new projects, namely Eco Forest and Eco Business Park V in the Klang Valley as well as Eco Horizon in Penang. These projects are expected to contribute towards the group’s sales in 4QFY2017.
Among the projects by the developer, Eco Ardence has continued to attract buyers with the launch of its first commercial precinct called Ardence Crest on May 13. The precinct saw a solid take-up rate of 80% from the 120 units launched.
Comprising 160 lifestyle shop offices in total, the units offered consist of 2-storey intermediate lots with sizes of 22ft x 75ft and 26ft x 75ft, priced from RM1.8 million and RM2.2 million; and 3-storey corner lots of 42ft x 75ft, priced from RM4.8 million.
According to Chang, the shop offices were well received by purchasers as many wanted to ride on the pioneer advantage of owning the first commercial product in the township.
Meanwhile, Eco World has begun handing over the first phases of products sold at the end of last year, he added. “The target is to hand over approximately 4,700 units of properties sold to our customers by the end of this year and so far, we are well on schedule with more than 3,000 units already delivered to our buyers.”
Source: TheEdgeProperty.com.my
Upcoming affordable housing development at Sungai Ara, Penang. Strategically located next to Setia Pinnacle by SP Setia, about 10 minutes drive away from Setia SPICE. This is a joint venture development between VST Group and BSG Property, featuring a 34-storey condominium.
An upcoming affordable housing by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,390 affordable units.
Residential development by Corfield Development Sdn. Bhd. in Sungai Ara, Penang. Strategically located next to Skycube Residence, just a mere minutes drive away from sPICE. This development will see the construction of a 34-storey building, offering 397 residential units with size ranging from 1,080 sq.ft. onwards.
Upcoming mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices located below the residential tower.
Formally the show village of Setia Pearl Island at Sungai Ara, Penang. This project will comprises 30 units of 3-storey semi-detached houses, 16 of which are existing show units and another 14 new houses to be built.
Upcoming mixed development by Paramount Solaris Sdn. Bhd. (Ideal Property) in Bayan Lepas, Penang. It is located next to The Clovers by Asia Green, about 3km away from Penang International Airport. This 50-storey development consists of 2 residential and one commercial tower.
3rd phase of Ideal Vision Park by Ideal Homes in Bayan Lepas, Penang. This development is located along Jalan Tun Dr Awang, next to Summerskye Residences. It is only minutes away from various learning institutions including the proposed new schools: Chung San Primary School and Heng Ee.
