IOI Properties launches projects with combined GDV of RM663 mil

PETALING JAYA: IOI Properties Group Bhd is set to launch two new developments – Le Pavillion at Bandar Puteri Puchong and Avira residences at Bandar Puteri Warisan in Sepang – on Oct 24 and Oct 31 respectively.

The RM515 million Le Pavillion comprises 606 units of freehold serviced apartments (priced between RM703,000 and RM949,000) and 101 units of commercial lots (RM920,000 to RM1.858 mil). The residences have a built-up area of between 983 sq ft and 1,256 sq ft while the commercial lots range from 1,195 sq ft to 1,350 sq ft.

Le Pavillion will be built on a 5.47 acre land parcel and is scheduled for completion in Nov 2019. It is easily accessible via the Damansara-Puchong Expressway (LDP), the KL-Shah Alam Expressway (Kesas) and the Puchong-Sungai Besi Highway.

Le Pavillion units come with facilities such as a sky pavilion, interactive areas with play-role activities for children, and a reading pavilion.
Avira residences, the first phase of Bandar Puteri Warisan, sits on a 25-acre land parcel and has an estimated gross development value of RM148 million.

It will have 196 units of 2-storey freehold terraced houses with a built-up area of 2,121 sq ft priced between RM730,000 and RM915,000. Avira is located within the 202-acre Bandar Puteri Warisan in Sepang and neighbours Putrajaya and Cyberjaya. It is 1.5km away from Xiamen University. Accessible via the KLIA Transit, it is a direct journey to Kuala Lumpur from Salak Tinggi Express Rail Link.



Avira units come with driveways that fit two cars each, high ceilings of 11 feet for better thermal comfort, a single entry and exit point for safety and a guardhouse with a perimeter fencing around the neighbourhood. Avira is expected to be completed in July next year.

Compare prices of Puchong developments here.

This story first appeared in The Edge Property pullout on Oct 23, 2015, which appears with The Edge Financial Daily every Friday. Download your free copy of The Edge Property here.