A low profile launch below for 22x70 at $6xxk RM at Bandar Uda Utama (non-G&G?). Sign of developers gaining confidence. 2015 was a year with very few landed launches, so there should be some pent-up demand from up-graders.
Plumeria Freehold 2 Storey Terrace House in Bandar Uda Utama, Skudai, JB For Sale
Hmm… Non G&G at 22x70 commanding appx 600k.
Looks like 600k is the Floor for Landed in JB areas.
Popular ones should be 700k upwards?
UEM Sunrise launches Melia Residence Phase III
Mangalesri Chandrasekaran • May 25, 2016
Property developer UEM Sunrise Bhd rolled out the third phase of Melia Residence in Nusajaya, Johor last week after recording stellar sales for Phase I and II within just a short span of time.
According to the company’s Chief Operating Officer (commercial) Raymond Cheah, all the units in the landed project’s first two phases were snapped up within two days of launch, instead of three to six months based on initial projections.
“The speed of sales of Melia Residences was phenomenal and to date, we have achieved a total approximately RM206 million in sales, exceeding the target of RM196 million for this year.”
“In order to satisfy homebuyers’ demand, we have open up Phase Three, with limited units currently on sale starting from RM872,888,” he told reporters.
The latest phase consists of 160 terrace houses with built-up areas of between 2,006 and 2,349 sq ft. So far, 51 percent of the units have been reserved or bought, noted Cheah.
With an overall gross development value (GDV) of RM573 million, the 29.80ha Melia Residences is a freehold lakeside project within a gated-and-guarded community. The five-phase development is expected to be fully completed by 2020, with its final two phases to be unveiled in 2017.
Meanwhile, Cheah revealed that UEM Sunrise plans to retain its sales target of RM1.5 billion for 2016 despite seeing healthy sales for its developments in Malaysia and Singapore.
He also refuted claims that Johor is suffering from a housing glut, as there is still strong demand for landed homes there.
“Buyers are learned, they do not want to buy if the same concepts are offered repeatedly. So if the location, price, and product are strategic, then there will be no hiccups in capturing the buyers,” he explained.
Furthermore, the developer is helping buyers apply for housing loans from banks and other financial institutions, such as AIA and the Malaysia Building Society Bhd.
“We have noticed a large number of young buyers, whose parents are stepping in to top up and help their children secure a roof over their heads,” added Cheah.
Mangalesri Chandrasekaran, Editor at PropertyGuru, edited this story. To contact her about this or other stories email [email protected]
Some pent up demand due to the lull in 2014 and 2015, developers have started to launch more terraces and prices are creeping up
‘Gem of Johor Baru City’ set to make the place vibrant
BY ZAZALI MUSA
Monday, 27 June 2016
JOHOR BARU: The on-going multi-billion ringgit project to rehabilitate and rejuvanate Sungai Segget into the new 1.2km waterway in Johor Baru city centre is progressing as scheduled, according to Iskandar Malaysia Regional Development Authority chief executive officer Datuk Ismail Ibrahim.
Dubbed as the “Gem of Johor Baru City”, it is also a new tourist attraction which is poised to transform the city into a vibrant place within the next five to seven years.
The opening up and cleaning of Sungai Segget was an ambitious plan to transform the city centre, Ismail said adding that the “RM270mil is part of the RM1.8bil allocation by the Federal Government to be utilised for the rehabilitation and rejuvenation work of the river including its beautification.”
Works on the river will start either in the third or fourth-quarter of the year including landscaping its surrounding.
Ismail said Johor Baru denizens could look forward to a “new Sungai Segget” which would be transformed and fully-functional by the end of 2017.
He said phase one of the work involved the construction of centralise sewerage treatment plan to enhance water quality through reducing pollutant loads to Straits of Tebrau.
“It is vital to transform the Johor Baru city centre in tandem with its position as one of the five flagship development zones in Iskandar Malaysia,” added Ismail.
Bukit Indah launch new terrace double storey near Sky View ......
"JB City Council to relocate HQ to Astaka's One Bukit Senyum project"
I like how they call it OBS! lol.
Where is this Central Park exactly?
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