OSK Property launches its second township in Kedah

KUALA LUMPUR: OSK Property Holdings Bhd will officially launch the first precinct in its second township project in Sungai Petani, Kedah, called Yarra Park this weekend.

The precinct is dubbed Fairfield Villas and will offer 122 two-storey bungalows.

“We had soft launched Fairfield Villas three weeks ago and the response was great,” shared OSK Properties Sdn Bhd’s head of branch, Paul Tan with The Edge Property.

He added that those who came to look at the show unit were made up of locals from Sungai Petani and Alor Setar as well as those from Penang.

Yarra Park, with a gross development value of RM1.3 billion, will cover 430 acres. Once completed it will have eight precincts and extensive landscaping that includes 18 acres of lakes and greenery, added Tan.

OSK Property’s first township development in Kedah is the 2,582 acre Bandar Puteri Jaya that took off in 1999. It consists of three phases with a gross development value of RM3.8 billion.

“We are in the midst of constructing our final phase which was launched two years ago. It comprises 2,300 residential units. The whole township should be completed by 2019 and there will be more than 10,000 homes upon completion,” said Tan.

“We have seen Sungai Petani experiencing rapid development in the past few years and more bungalow projects are being launched here. Buyers who are interested in Fairfield Villas either wish to upgrade their lifestyles or are looking for a spacious home,” Tan noted, adding that target buyers were local business owners and professionals, as well as those from the northern states, especially Penang buyers who are looking for a larger house.

He said Sungai Petani is the fastest growing town in Kedah and the demand for quality residential products has increased significantly in recent years.

Fairfield Villas’ bungalows have 3,460 sq ft of gross floor area while the total land size is 5,400 sq ft. There are two different facades, both have double volume living area, 5 bedrooms and 4+1 bathrooms. The selling price starts from RM821,800.

The units are equipped with home alarm systems and UniFi will be ready upon occupancy. The development is due for completion in two years.

There will be a club house with facilities such as an Olympic-size swimming pool, gymnasium, multi-purpose hall as well as a nature park with cycling and jogging tracks, amongst others.

There will also be a one million sq ft shopping mall by OSK Property to cater to the residents of the township. “The new shopping mall is just opposite the township, which will be offering a myriad of retail and F&B options,” Tan said.

Yarra Park is a 10-minute drive from Sungai Petani town and a 30-minute drive from the Penang Bridge. It also has easy accessibility via Jalan Kuala Ketil and Eastern Bypass Expressway.

This article first appeared in The Edge Property pullout, on June 5, 2015.