Friday 29 Mar 2024
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PETALING JAYA (Sept 29): Eco World Development Group Bhd (EcoWorld) will unveil four projects tomorrow in Penang and the Klang Valley.

These four projects are the first project of Eco Forest in Semenyih, Eco Business Park V in Puncak Alam, Eco Ardence second phase in Setia Alam and Eco Horizon in Batu Kawan, Penang.

EcoWorld Malaysia president and CEO Datuk Chang Khim Wah, together with the company’s divisional general managers Datuk Hoe Mee Ling, Ho Kwee Hong, Evon Yap and Liew Tian Xiong, will be officiating the launches tomorrow in their respective show galleries within the Klang Valley.

Among the highlights for tomorrow is the unveiling of the second residential phase at Eco Ardence in Setia Alam called Dremien, which comprises 259 units of garden homes, semidees and bungalows with a GDV of RM290 million.

The garden homes will have built-ups of 2,401 sq ft to 2,411 sq ft, the semidees 2,530 sq ft to 2,724 sq ft and the bungalows 3,101 sq ft to 4,917 sq ft.

Prices for the garden homes start from RM1.4 million while the semidees and bungalows are from RM1.6 million and RM2.4 million, respectively.

The 533-acre freehold Eco Ardence development, which has a GDV of RM8.5 billion, will be developed over the next 10 to 15 years.

In Semenyih, the group will debut its first phase in Eco Forest within the Ebonylane precinct.

The precinct will feature 685 units of 2-storey terraced homes that come with two design, namely Artisan homes and Garden homes, starting from RM600,000.

Artisan homes will be available in three sizes — 20ft by 65ft, 20ft by 70ft and 22ft by 70ft — while the Garden homes are all 30ft by 62ft.

Phase 1 will comprise 300 units of these homes.

The overall development of Eco Forest spans across the 515-acre freehold tract and has a GDV of RM3.5 billion.

The company will also unveil its first business park development in the Klang Valley, Eco Business Park V, which carries a GDV of RM3 billion.

This is also the fourth EcoWorld Business Park project in Malaysia.

This 518-acre leasehold development is a joint venture with the Employees Provident Fund Board. It will offer around 100 cluster or semidee factories to interested business owners with an indicative selling price starting from RM1.88 million and RM3.33 million, respectively.

Up north, EcoWorld will be launching the first phase of landed homes in its 300-acre Eco Horizon township in Batu Kawan, Penang. Eco Horizon will be the first gated-and-guarded development in Batu Kawan.

Named Ashton, the first phase will comprises 2-storey terraced homes, super linked homes and garden homes.

With built-ups ranging from 2,290 sq ft to 2,601 sq ft, the average price of units in phase 1 is RM940,000.

Ashton will have a total of 704 units, of which about half will be open for sale this weekend.

In total, EcoWorld has about 8,052.7 acres of landbank with a total GDV of RM87.5 billion. The developer has 20 ongoing projects in the Klang Valley, Iskandar Malaysia and Penang.

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