Eco World Development Group Bhd (EcoWorld) will be launching the first phase of its Brydon collection of semi-detached houses and bungalows in its Eco Horizon township development at Batu Kawan, Penang in the fourth quarter of the year (4Q18).

The township’s second collection will comprise, 382 units of semidees with built-up areas of 2,777 sq ft to 3,553 sq ft and 13 units of bungalows (4,025 sq ft) priced from RM1.2 million and RM2.2 million respectively.

The leasehold strata-titled Brydon will have a GDV of RM556 million.

Find out more about Eco Horizon

Eco North general manager Chan Soo How expects to see a good response to the launch, as the first collection called Ashton — which was unveiled in September last year— was well-received.

To date, Ashton, which comprises 704 units of super-linked homes and garden homes, is over 70% sold.

The two-storey terraces have a land size of 22ft by 70ft, while the super-linked homes and garden homes have a land size of 25ft by 75ft and 30ft by 60ft respectively. Prices start from RM868,000.

“We are happy with the sales achieved to date and believe strongly that the right product and concept will attract buyers,” he said.

Overall, more than 2,000 landed homes will be developed over 230 acres of the 300-acre Eco Horizon.

The remaining 70 acres will be allocated for its commercial component. The entire township will be developed over 10 years and has an estimated GDV of RM7 billion.

There will be a 3.6-acre centralised clubhouse in the township and residents will be able to use the facilities for free in the first year.

The group will also be creating two flamingo-shaped lakes set within a 13.6-acre landscaped park.

EcoWorld is confident that the Batu Kawan growth corridor on mainland Penang will “capture the hearts” of not just those already residing in Penang but also the hearts of aspiring homeowners and upgraders in the northern region of Peninsular Malaysia.

“Both our lands (Eco Horizon and the adjacent Eco Sun) are very strategically located within Batu Kawan. Apart from the attractive prices offered, we are also the first landed homes in the vicinity – something most Penangites are attracted to as there aren’t many landed homes in the vicinity. Our new luxury concept portrays the lifestyle which suits the new Batu Kawan corridor,” Chan explained.

The township is accessible via the Sultan Abdul Halim Muadzam Shah Bridge (Second Penang Bridge) and the North-South Expressway via the Batu Kawan toll plaza.

A proposed Bandar Cassia Trumpet Interchange with a new toll plaza is currently being planned by the Penang Development Corp to ease traffic flow in and out of Batu Kawan to the North-South Expressway.

Meanwhile, Chan said the 74.5-acre Eco Sun is still in the planning stage, as the developer is in the midst of finalising the product to ensure it encapsulates the EcoWorld DNA.

“We are very excited to launch Eco Sun as well, so stay tuned for more updates in the future. In addition, we foresee market sentiments to improve with the abolishment of the Goods and Services Tax,” he said, adding that this will perhaps motivate more people to spend, including buying property.

“We are confident that our signature EcoWorld landed township developments will continue to do well, and look forward to the launch in the coming months,” Chan added.

Update: 27 May 2018

News Source: EdgeProp.my