Myra Meranti phase 2 opens for sale on Sunday

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PETALING JAYA (April 6): Oriental Interest Bhd (OIB) will be opening phase 2 of its Myra Meranti development for sale this Sunday.

Located in Kampung Pulau Meranti, Puchong, Myra Meranti is a 9.63-acre leasehold mixed-use development.

The GDV for the three-phase development is RM95 million.

The first phase of this boutique development comprised 31 units of 3-storey terraced houses with built-up sizes of 20ft by 70ft and 20ft by 65ft.

The selling price was from RM763,800 before early-bird and bumiputera discounts.

OIB chief operating officer of marketing Beh Suan Sim told EdgeProp.my that all 31 units were taken up while 80% of them have converted to sales.

“The first phase [in December] was indeed very well received. This has encouraged us to soft launch phase 2 this Sunday,” said Beh, adding that the official launch would be sometime in August.

She said bookings for phase 2 from buyers who missed out on phase 1 stood at 20% to 30%.

“Aside from that, we have received 2,000 registrations of interest so far for the 53 units in phase 2. Given the good result of phase 1, we are confident that phase 2, which will offer similar products, will be well received,” Beh said.

Phase 2 comprises 53 units of 3-storey terraced houses with built-ups of 20ft by 70ft and 20ft by 65ft.

The selling price starts from RM810,350 (before the early-bird rebate).

“Myra Meranti is conceptualised with three pillars in mind: space, environment and security, focusing on buyers who value space and affordability.

“We’re marketing this as a ‘Terrace-D’, whereby the house will be designed like a semidee but priced like a terraced house. Each house comes with five bedrooms and en suite bathrooms for each. With high ceilings, tall windows and dual balcony spaces, purchasers will have ample space,” Beh explained.

The development emphasises landscaping, with a man-made pond, children’s playground, communal area with a gazebo, as well as wider roads and a 1.5km jogging track.

“The community will be gated and guarded where there will be 24-hour surveillance with guards,” she said, adding that the residential units have individual land titles.

According to Beh, most of the buyers are locals or civil servants working in Putrajaya and Cyberjaya, which are just 10 to 15 minutes’ drive away.

“Most of them are growing families or upgraders familiar with the location. Although there are many landed home choices in
Puchong and Putrajaya, I believe Myra Meranti is special because it offers more space than normal terraced houses, at more affordable prices compared to other semidees.

“We also offer details that would minimise the renovation work, such as built-in air-conditional piping, automation point, alarm system and high-speed internet with fibre optic cabling,” she shared.

Phases 1 and 2 are slated for completion by October 2019.

Phase 3 will be rolled out at the end of this year or early next year, and will comprise 18 2-storey shophouses.

“We want to make sure the [residential] units are sold and residents will be moving in to support the commercial [area] before opening phase 3 for sale.

“We want to build a sustainable community,” said OIB sales and marketing manager Wendy Lim.

As for the good response to Myra Meranti, Lim said the company’s strategy is to plan a project from the buyers’ perspective.

“We always put ourselves in the purchaser’s shoes and ask ourselves ‘would I buy this project?’ before launching a project. The preparation and research may take longer but it is all worth it to ensure that we have the right product on the right location with the right pricing,” she noted.

OIB plans to launch more projects in the Klang Valley with the “Myra” brand.

“We will be launching Myra Alam at Puncak Alam soon. It is a RM293 million project with 981 landed and strata homes,” Lim disclosed.

This story first appeared in EdgeProp.my pullout on April 6, 2018.
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