Marimo Land begins construction of 718-unit condominium in Bandar Puchong Jaya

PETALING JAYA (Nov 21): Marimo Land Malaysia Sdn Bhd has signed an agreement with building contractors E&J Group, Ecobuilt (M) Sdn Bhd and Pembinaan Infra E&J Sdn Bhd to build 718 units of premier freehold condominiums at Japan Pipit in Bandar Puchong Jaya, Selangor.

Marimo Land Malaysia is a joint-venture company set up by Marimo Co Ltd president Makoto Fukagawa and Marimo Land CEO John Taro.

The parties held a signing ceremony and a ground-breaking ceremony yesterday (Nov 20) to kick start the condominium project dubbed O’hako Residensi.

Sitting on a 4.25-acre freehold site, O’hako Residensi comprises Tower A and Tower B which house 359 units each. The units are priced from RM430,000 to RM630,000 with built-up areas from 850 sq ft to 1000 sq ft. This works out to RM500 to RM600 psf. Both towers will be completed by December 2019.

 Tower A has been 90% taken up while the units in Tower B are 60% sold.

In a statement following the event yesterday, Taro said O’hako Residensi is situated on a strategic and highly accessible location that is just two minutes away from the Taylor’s University Lakeside Campus and less than 10 minutes away from the Puchong Jaya township, Sunway Pyramid and IOI Mall.

“O’hako Residensi is located on Jalan Pipit in Bandar Puchong Jaya. The location is a hidden gem along the Klang River, connecting Subang Jaya and Petaling Jaya. It is also where Puchong Jaya can be the next Mont’Kiara,” he added.

About one-third of the site is for greenery and outdoor facilities, such as jogging and cycling tracks, a skating ramp and a tree house. Other facilities include a gym, art lounge, floating wedding stage and a multipurpose space.

“O’hako is the answer to Malaysia’s expanding taste for higher standards of living that are stylish and yet meet expectations of comfort and accessibility,” said Taro.

He noted that the development will bring together the spirit of innovation, technology, tradition and Japanese culture, thus creating homes that are warm, welcoming and luxurious.

He added that Marimo Land had contributed more than RM2 million for improving the riverside, including building a bridge and upgrading the access roads around the area.