PETALING JAYA (Aug 20): MCT Bhd has sold out its [email protected] Type A link houses. MCT executive director Datuk Lim Kok Boon told theedgeproperty.com via email that all 341 units of type A (20’ x 70’ link houses) were fully sold within one and a half months of the official launch in July.
The developer had held a soft launch for the homes in April.
“CasaView is the second phase of our Cybersouth development which comprises of 341 units of Type A and 189 units of type B (22’ x 75’). Type A units are fully sold. We have yet to launch Type B units,” said Lim, adding that Type B is set to be launched in September.
“We anticipate at least 50% take-up rate for the 189 units of Type B CasaView upon launch, riding on the momentum created by the overwhelming demand from earlier launches at our Cybersouth development,” Lim said.
Developed by Eco Green City Sdn Bhd, a subsidiary of MCT Bhd, the three-phase Cybersouth will be developed on a 417-acre leasehold tract in Dengkil.
The first phase, GreenCasa, was sold within two months of its official launch in April.
Like GreenCasa, CasaView offers 2-storey homes with four bedrooms and a built-up area of between 1,959 sq ft and 2,702 sq ft. The launch price starts at RM629,800.
“We have yet to decide on the exact launch date for the next phase of landed properties in our Cybersouth development. We will monitor the market and tap on any opportunities when they present themselves,” he said.
Lim added that MCT will continue to focus on relatively more affordable housing, given the overwhelming response for CasaView and GreenCasa.
“However, bank approval rates are beyond our control. As such, we are currently focused on the mass-market residential property segment, priced between RM500,000 and RM700,000, which is a [large] segment that is well-supported by genuine buyers [looking] for owner-occupied properties [and have] the means to afford such homes,” Lim said.