Avanti Residences

PETALING JAYA (June 3): The third and final phase of Avanti Residences in Saujana Permai U17, Shah Alam, by property developer Johawaki Development Sdn Bhd is 55% sold since its launch on May 7, marketing manager Ku Reza Ku Abd Rahman told TheEdgeProperty.com.

The last phase constitutes 38 units of semi-detached homes with built-ups of 3,090 to 3,176 sq ft and land sizes ranging from 3,200 to 6,386 sq ft.

Priced from RM1.45 million to RM2.03 million, the estimated gross development (GDV) of phase three stands at RM65 million.

Meanwhile, Avanti Residences’ first two phases are coming up on 20 acres of land and were launched last September.

Phase one comprises 22 semidees with built-ups of 2,750 sq ft and are priced from RM1.03 million onwards.

“The units in phase one are fully sold. Meanwhile, phase two has 24 semidees that are similar to those in phase one and are priced from RM1.1 million with about seven units left,” said Ku Reza.

The whole project has an estimated GDV of RM120 million and 84 semidees.

Ku Reza also noted that the development has good connectivity and can be accessed via major highways such as the North-South Expressway, Guthrie Corridor Expressway and the Kuala Lumpur-Kuala Selangor Expressway (Latar Expressway).

“It takes less than 25 minutes to commute to Shah Alam and 27 minutes to the Jalan Duta toll,” he added.

Phase three is slated for completion in January next year.

Do not ask your gardener about the value of your home. Go to The Edge Reference Price to find out.

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