KUALA LUMPUR (March 1): Boustead Properties Bhd’s Balau Homes in its smart township development Mutiara Hills in Semenyih has seen a 90% take-up rate for its Phase 1A1 and 80% for Phase 1A2.
In a statement Tuesday (March 1), the developer said Phase 1A1 was launched during the second quarter of last year, while Phase 1A2 was soft-launched in January 2022.
With six phases in total, Balau Homes has a gross development value of RM220 million.
Boustead Properties chief operating officer Eason Phan said Mutiara Hills is one of the company’s most comprehensive undertakings.
Phan said the company is building sustainable spaces as homes by contributing to the larger context that promotes the continued growth of every component of an integrated liveable township.
“We see Semenyih developing over time in a similar way as Mutiara Damansara and Mutiara Rini, evolving from neighbourhoods to become thriving, sustainable suburban cities.
“At prices starting from RM469,650, the built-up area of Balau Homes Phase 1A1 ranges from 1,512 sq ft to 2,158 sq ft, this ‘once-in-a-lifetime’ entry level pricing provides first-time home buyers with options in selecting homes to suit a wide range of needs and preferences,” he said.
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