An artist's impression of Precinct 18R1's semidees“Precinct 18R1 is based on the ‘resort garden’ concept,” said Syed Farouk Azlan Syed Abdul Aziz, Putrajaya Holdings property services division head. Located approximately 4km away from Alamanda Shopping Mall in Putrajaya, the main selling point of these homes is their lakeside location.
“Putrajaya Lake is a man-made lake measuring 988.42 acres with 486.80 acres of wetland system to treat catchment water that flows into the lake,” said Syed Farouk, adding that the 36 units of semidees and 58 units of terraced homes have a gross development value (GDV) of RM63 million.
According to him, the majority of buyers are from Kuala Lumpur and Selangor, specifically from areas such as Ampang, Wangsa Maju, Gombak, Cheras, Damansara, Subang Jaya and Bangi.
“There are also foreigners from the UK, Qatar, Pakistan and Singapore, making up approximately 10% of purchasers. Among the purchasers are newly married couples, retirees, business owners, top-management officers and investors,” he added.
The 2 ½-storey semidees in Precinct 18R1 have land areas of between 2,700 sq ft and 5,000 sq ft, with built-ups from 3,300 sq ft to 3,500 sq ft. Prices are between RM788,818 and RM1,104,681.
Meanwhile, the 2 ½-storey terraced homes are sized between 1,550 sq ft and 4,500 sq ft, with built-ups from 2,400 sq ft to 3,000 sq ft. These homes are priced between RM420,018 and RM730,421.
“Precinct 18R1 is the first residential phase to be launched in Precinct 18, also known as the Core Island, which will comprise semidees, terraced homes, luxury condominiums and apartments upon completion in 2012,” said Syed Farouk, adding that the high-rise units, with views of the lake, would only come at a much later stage.
Precinct 18, which takes up 403.88 freehold acres, will be equipped with two neighbourhood commercial plots, five primary schools, two secondary schools, a monorail station, health centre, ferry terminal, recreational facilities, city service centre, mosque, police and fire stations, tadika, promenade and a pebble beach.
“In the first quarter of 2008, we will launch 98 units of semidees and 52 units of terraced homes in Precinct 18R5, as well as 91 units of zero-lot homes in Precinct 14, also known as Palladium.
We will also launch Precinct 8’s Luxury Twin Villas,” said Syed Farouk.
Putrajaya Holdings first launched its residential precincts in Putrajaya circa 1998 and 1999. To date, it has several precincts that have been completed and handed over, and almost completely sold out. Other notable projects by Putrajaya Holdings include government buildings in Precincts 1, 2, 3 and 4, the Putrajaya International Convention Centre, Alamanda Shopping Mall, Sri Garden International School, the Diplomatic Precinct, 26 Boulevard, the Prime Minister’s Residence and Putra Mosque.
By theSun (by Yeong Ee-Wah)
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