The Haven to set new condo benchmark in Ipoh

KUALA LUMPUR: The Haven, a high-end lakeside condominium project at Tambun, Ipoh, will have a gross development value (GDV) of RM214 million.

Touted to be the most luxurious in Perak, the 26-storey project of 489 units, is also expected to set a new benchmark for high-end properties in Ipoh
while boosting the property sector there.

The project owner, Superboom Project Sdn Bhd, today signed an agreement whereby Bina Puri Holdings and Beijing Construction Engineering will be the main contractors for the condominium project.

As for the GDV of RM214 million, The Haven Sdn Bhd's co-principal, Peter Chan said, this is based on the unit price range of between RM300,000 to RM1.7 million based on size.

The Haven is targeted for completion in 2013.

Property experts have forecast the price of the project to appreciate to RM450 per square feet.

The current price for Block A and C of the project is RM338 per square feet.

Approximately 80 per cent of Block A and 20 per cent of Block C has been sold.

Construction of Block B is slated to start within the next four to six months.— Bernama