JOHOR BARU: Hua Yang Bhd is launching its first high-rise residential development in Johor today. The RM216 million residential project — Citywoods — has received 50% registration of interest since early August for the first seven residential floors in Tower B, levels 7 to 14.
“These registered interests come from home-owner occupiers who knew of Citywoods through our website and those who are familiar with Hua Yang offering affordable homes,” says Hua Yang Johor branch manager Casey Wong at a media briefing in Johor Baru on Wednesday.
“From the registered interests, Citywoods’ types A and B are the most popular because the buyers are mostly between 25 and 40 years old, who are first-time homebuyers,” he said.
Citywoods, which sits on 2.21 acres (0.89ha) of freehold land, has two 19-storey towers with a total of 417 units. It offers three layouts with built-ups of 764 sq ft (type A), 958 sq ft (type B) and 1,249 sq ft (type C). The prices for these units start from RM428,000. Tower B will be released now while tower A will be released next year.
Wong described Citywoods as an oasis of green within the city. Citywoods is located along Jalan Abdul Samad, behind the five-star Thistle Hotel, in Johor Baru.
“Citywoods is tucked serenely amid a hilly landscape while being just a stone’s throw away from the bustling city centre. The integrated aspects of nature and serenity exude a sense of peace and tranquillity amidst the conveniences of city living,” Wong said.
The development will have 24-hour security with a single-card access system. The unit security includes video intercom and digital door lock for all units. It offers resort-like facilities such as an infinity pool, jacuzzi, indoor and outdoor gym, barbecue area, event space, game room and KTV as well as a children’s playground and an audio-visual room.
A centralised water filter system will be used to provide clean water to all units and sky gardens on levels 11, 15, 19 and 23. A 6-storey car park sits on the lower levels of the tower, and residents of types B and C units will get two parking bays, while type A units will have one parking bay.
To date, Hua Yang’s projects in Johor account for 40% of the group’s total gross development value for its financial year 2015. The group has 106 acres, worth RM624 million, of undeveloped land bank in Johor.
|An artist’s impression of Citywoods, Hua Yang’s first high-rise residential project in Johor. Photo by Hua Yang Bhd|
This article first appeared in The Edge Financial Daily, on September 26, 2014.
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