Eco World offers diverse range of products for buyers
A miniature model of EcoSky in Klang Valley
With a landbank of 1,793.97ha and total gross development value (GDV) of RM43.52bil, Eco World Development Group Bhd offers a wide range of residential, commercial and industrial products with thoughtful architecture and sustainability elements.
Its current projects are mainly located in the Klang Valley, Iskandar region, and Penang.
In the central, its on-going projects are EcoSky along Jalan Ipoh, EcoMajestic at Semenyih and Saujana Glenmarie in the Glenmarie neighbourhood.
EcoSky, its maiden project in the Klang Valley, is an integrated residential and commercial development on a 3.88ha parcel situated off Jalan Ipoh.
Located 8km away from the city centre, the strategic location enables purchasers to choose between a great view of the Petronas Twin Towers on one side and the famed limestone Batu Caves on the other. The site is served by two KTM stations, namely Taman Wahyu and Batu Caves, with easy access to major highways.
Besides a wide range of facilities to cater to residents’ lifestyle requirements such as recreational facilities, shops, offices and food and beverage outlets, EcoSky will be certified by the Singapore Building and Construction Authority’s Green Mark and US’s Leadership in Energy and Environmental Design on top of certification by Malaysia’s Green Building Index.
Meanwhile, the newly launched EcoMajestic, also its first township in the Klang Valley, is located in the Southern Corridor of Semenyih.
With a land size of 434.23ha, this RM11.14bil-project is set to be the largest strata titled fully gated and guarded township in Malaysia.
Designed with a colonial straits flair, EcoMajestic’s master plan includes 60.7ha dedicated for development as a commercial hub that will make it the business and economic hub that serves Semenyih, Kajang, and Bangi.
Currently, the property player offers affordable landed terrace homes, semi-detached and cluster as well as bungalow land for home buyers at EcoMajestic.
In the Iskandar region, it had launched EcoSpring and EcoSummer while it also introduced Eco Business Park I at a preview.
EcoSpring and EcoSummer are located in the well-established Tebrau corridor and will offer a good mix of affordable and luxury landed homes.
Its first project in the southern state is the 131.52ha-EcoBotanic in Nusajaya, which features a butterfly-shaped lake and 7.2ha central park and houses that are inspired by the colonial era architecture.
In Penang, it plans to unveil the 5.26ha residential and integrated EcoTerraces at Paya Terubong this August. The RM340mil project comprises one block of 41-storey condominium, 47 units of three-storey terrace houses and 12 units of semi-detached houses.
Souce: StarProperty.my
Any one have info on how much the Penang 3 storey terrace will cost?
Their bread and butter will be in Semenyih and Johor where they have a combined 1500 acres of land to develop. Whereas for Paya Terubong, they only have a kacang 10 acres. There is no incentive for them to price Paya Terubong for quick sale (meaning they will price it expensive). BUT, on the first day of launching, I am sure 80% would have already been sold out, because senior Liew had bought it at cost price. Then only slowly they will resell out at “waterfish” price. Why rush??…..:)
So Jacob, you can forget about this, and the good news is, you can surely find something cheaper and better location in the market.
@TuaKau
I rather like this area with close proximity to Bayan Lepas work area and two bridges. Missed out on other Setia launches last time and I am hoping to get this time one to call home
@Hock Hin
Well, my guess is, you’re not local. Everyone in Penang knows Paya Terubong to Bayan Lepas is not “close proximity”. If you’re not that rich, for the RM1.3mil (could be higher) that you are going to pay for this 3-storey terrace, you’d be better off paying RM600k for the same thing in Batu Kawan, and invest the other RM700k in something that gives you better return.
In fact, you did not really miss out much last time during the Setia launches in Sg. Ara as the capital appreciation there was proven to be inferior to other locations.
@TuaKau
Can you please elaborate on inferior appreciation and help to suggest a place which has not gone up yet? Thanks
@Hock Hin
Anything that has not appreciated over the last few years, you should probably avoid!!…:D
There was an overall appreciation in property value over the last 5 years, ranging from 20% to 200%. On top of that, you have those which you can find a buyer within a week, versus those you can’t even find a buyer 6 months in the market. Location and price play a very important role in the capital appreciation and liquidity. The SP Setia landed homes in Sg. Ara have been in the lower % capital appreciation group.
@TuaKau
but they appreciate too right…i need to find place near my work place..bayan lepas…..suggestions?
@TuaKau
Could you please eleborate the inferior appreciation in price of bayan lepas and sg ara, it sound that you statement is not sustance enough, perhaps, you may share more detail in term of the statistic and comparison to support your statement.
@James
actual example with figure is very much appreciated. project name, which year, starts price, current price? else it is just an empty talk.
@def
Agreed, thanks