“We are looking to launch Puchong Heights at the end of this year. It will be another Green Building Index (GBI)-certified project by us,” Hillcrest Gardens executive director Frank Goon told TheEdgeProperty.com.
Hillcrest Gardens had recently launched the first GBI-certified Rumah Selangorku (Selangor’s affordable housing scheme) project in Taman Puchong Utama. The Taman Puchong Utama Apartment was fully sold a few days after its launch on July 19, said Goon.
“Puchong Heights is a freehold development sitting on a 15-acre site in Taman Puchong Utama. The development has two phases and we will launch the first phase as soon as we receive all the necessary approvals,” he added.
The development has a gross development value (GDV) of RM390 million. The first phase comprises two towers — 38 and 40 storeys — with a total of 500 units.
“The built-ups range from 1,000 sq ft to 4,000 sq ft. We will sell it at around RM650 psf.
“Banks are saying it is a good price and they will be supporting us,” he said.
Puchong Heights is located within Hillcrest Gardens’ 600-acre Taman Puchong Utama township development that began in 1995. Besides housing property, it also has various amenities like supermarkets, schools, sport centres, a park and a medical centre.
“Puchong Heights is designed as a GBI-compliant condominium with the key elements of passive design such as building location and orientation, building layout and features such as tinted windows, insulation (including window and roof insulation), shading and ventilation,” said Goon.
Other green features of Puchong Heights include a community garden/herb garden and bicycle facilities such as sheltered bicycle racks, bicycle road markers and signages. Besides, more than 25% of the development area is covered with plants, trees and water bodies.
Taman Puchong Utama is accessible via Lebuhraya Damansara-Puchong (LDP), Shah Alam Expressway (KESAS), Sungai Besi-Puchong Highway, South Klang Valley Expressway, North-South Central Link Expressway (ELITE) and Maju Expressway (MEX).
“We have about seven plots, with a total of 90 acres undeveloped land in Taman Puchong Utama. We already have plans for all these remaining plots, such as high-rise residences, commercial centres, a waterpark and offices. These plots will keep us busy over the next 25 years,” Goon noted.
Hillcrest Gardens is also a major developer in Taman Seri Gombak, Selangor.
“We are planning to rebrand Seri Gombak to add more value to the place. We will build something more exclusive, green and nice on the remaining 88 acres of land we have in Seri Gombak,” he explained.
This story first appeared in TheEdgeProperty.com pullout on Sept 9, 2016, which comes with The Edge Financial Daily every Friday. Download TheEdgeProperty.com pullout here for free.