The 202.34ha project was launched in July 2005 and is being developed by UM Land wholly owned unit Dynasty View Sdn Bhd.
Wong Kuen Kong (right) says the project will keep the company busy for the next eight years. With him is Datuk Abdul Halim Suleiman.
Dynasty View general manager Wong Kuen Kong said the project would keep the company busy for the next eight years.
Todate, 25% of Taman Seri Austin has been developed with 1,300 units of residential and commercial properties, of which 90% had been sold.
“Upon completion, the scheme will have 5,700 property units and 30,000 residents,” Wong told StarBiz at the launch of 122 double-storey terrace houses on Sunday by Puteri Wangsa assemblyman Datuk Abdul Halim Suleiman.
The four-bedroom four-bathroom Deanna II units with a built-up area of 180.88 sq m in a gated and guarded precinct are priced from RM300,048 to RM552,472 each.
Wong said although the property market was experiencing a slowdown due to the current economic downturn, demand for houses priced from RM250,000 and above in Johor Baru was still encouraging.
Wong said the company always believed that despite the bad times, there were still potential buyers willing to pay more for the medium-high and high-end properties.
“Another trend is that customers will only ink the sale and purchase agreement when they see the houses reaching 50% completion,” he said.
Wong said when the RM997mil Eastern Dispersal Link Expressway (EDL) was completed by end-2011, it would take only 15 minutes to travel from the Johor Baru city centre to Taman Seri Austin from the current 30 minutes.
EDL will link the Sultan Iskandar Customs, Immigration and Quarantine Complex at Bukit Chagar and the North South Expressway via the Pandan Interchange.
Wong said the surrounding amenities such as 36-hole golf and country resort, shopping mall, hypermarkets, education facilities and a public hospital were other selling points of the project.
By The Star (by Zazali Musa)
Dynasty View general manager Wong Kuen Kong said the project would keep the company busy for the next eight years.
Todate, 25% of Taman Seri Austin has been developed with 1,300 units of residential and commercial properties, of which 90% had been sold.
“Upon completion, the scheme will have 5,700 property units and 30,000 residents,” Wong told StarBiz at the launch of 122 double-storey terrace houses on Sunday by Puteri Wangsa assemblyman Datuk Abdul Halim Suleiman.
The four-bedroom four-bathroom Deanna II units with a built-up area of 180.88 sq m in a gated and guarded precinct are priced from RM300,048 to RM552,472 each.
Wong said although the property market was experiencing a slowdown due to the current economic downturn, demand for houses priced from RM250,000 and above in Johor Baru was still encouraging.
Wong said the company always believed that despite the bad times, there were still potential buyers willing to pay more for the medium-high and high-end properties.
“Another trend is that customers will only ink the sale and purchase agreement when they see the houses reaching 50% completion,” he said.
Wong said when the RM997mil Eastern Dispersal Link Expressway (EDL) was completed by end-2011, it would take only 15 minutes to travel from the Johor Baru city centre to Taman Seri Austin from the current 30 minutes.
EDL will link the Sultan Iskandar Customs, Immigration and Quarantine Complex at Bukit Chagar and the North South Expressway via the Pandan Interchange.
Wong said the surrounding amenities such as 36-hole golf and country resort, shopping mall, hypermarkets, education facilities and a public hospital were other selling points of the project.
By The Star (by Zazali Musa)
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