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Affordable homes to be built in Semenyih

Article by RealEstateOnline posted on 2015-09-21

New township in the works: Azmin (front row, right), Liew (front row, second from right) and Iskandar (front row, third from right) viewing Eco World’s scale model at the Eco World Gallery @ Eco Majestic in Semenyih on Saturday.

New township in the works: Azmin (front row, right), Liew (front row, second from right) and Iskandar (front row, third from right) viewing Eco World’s scale model at the Eco World Gallery @ Eco Majestic in Semenyih on Saturday.

 

BY YASMIN AHMAD KAMIL

ESTABLISHED developer Eco World Development Group Berhad (Eco World) has launched its first range of affordable homes in Eco Majestic, Semenyih under the state government’s Rumah SelangorKu initiative.

The three 11-storey apartment blocks on a 4.42ha freehold plot in Precinct 4 of Eco Majestic will see 870 units, priced at RM100,000, with a built-up of 750sq ft being constructed in the area.

Called Simfoni, it will include elements of colonial architecture.

Officiating at the ceremony was Selangor Mentri Besar Azmin Ali.

The event also marked the opening registration for those who qualify for the scheme.

Also present were state Housing Committee chairman Iskandar Abdul Samad and Kajang Municipal Council president Mohd Sayuthi Bakar.

Eco World chairman Tan Sri Liew Kee Sin said the group was proud and delighted to be a part of the Selangor government’s initiative to provide affordable homes for all in the state.

“At Eco World, community building is an important aspect of our business and we strive to live up to our mission of being a caring and responsible organisation which actively contributes back to society,” said Liew.

With a gross development value of RM11.14bil, Eco Majestic has been planned with more than 40ha of green and open spaces and a sizeable 60.7ha commercial precinct.

 

Eco World president and chief executive officer Datuk Chang Khim Wah said they would enhance the township by providing a range of amenities including parks, schools, sports facilities and commercial options.

“The first batch of shops will be ready in time for the handover of our first homes here in the second half of next year,” he said.

Azmin said fulfilling the increasing demand for affordable homes was among the state’s challenges.

He added that as of last week, Selangor’s reserve had increased up to RM400mil.

Among Selangor’s area of focus, next year, included affordable housing projects which were not only affordable but equipped with new designs and concepts that was conducive for the people.

Azmin lauded the group for its efforts, adding that the location was strategically placed in Semenyih and that he was impressed by its landscape, design and ambience.

In March, Eco World opened the Eco Majestic Red Carpet Bridge, which is part of a new link road from the Semenyih Toll (Exit 2102) to shorten the travelling time for those going to Eco Majestic and to avoid the heavy traffic on Jalan Semenyih.

To-date, the group has spent RM10mil to upgrade the Bandar Tasik Kesuma junction which leads to the township’s East Gate entrance.

Eco World is also working towards opening the dedicated LEKAS-Eco Majestic Interchange, which is about 5km from the current Semenyih Toll (Exit 2012A), which will lead motorists into the township’s commercial precinct.

The interchange is expected to reduce travel time from Eco Majestic to Kuala Lumpur by 30 minutes and is slated for completion in the second quarter of 2016.

Source: The Star Online
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