Hua Yang’s lakeside homes receive CCC

BANDAR UNIVERSITI SERI ISKANDAR, PERAK (June 9): Hua Yang Bhd has obtained the certificate of completion and compliance (CCC) for D’ecolake, its residential project in Bandar Universiti Seri Iskandar (BUSI), Hua Yang’s fast-growing 777-acre (314ha) township in Perak.

Located next to a 98-acre natural lake, this gated community offers 32 units of two-storey semi-detached homes (Irdora) and 25 units of two-storey bungalows (Kamelia).

BUSI, Hua Yang’s first integrated township project, has grown since its development began in 1991. Today, the development boasts a population of 42,000 and is known as one of the fastest-growing townships in Perak.

Along with D’ecolake, which has an estimated gross development value (GDV) of RM31 million, Hua Yang’s projects in the Northern region contributes approximately 21% to its revenue total.

Hua Yang’s assistant general manager Tony Ng said: “Hua Yang has a long-standing history in Perak and over the years, we have seen its strong potential for development. Our projects in the northern region have benefitted from the overall growth of Perak, and we believe D’ecolake will not be an exception. With its strategic location and excellent connectivity, we are optimistic that this project will contribute positively to the Group’s (Hua Yang) revenue.”

BUSI is an integrated township with a total GDV of RM1.1 billion. It is strategically located midway between Ipoh and Manjung with excellent accessibility via the Ipoh-Lumut Highway.

BUSI is also surrounded by amenities including a Tesco superstore, KFC drive-through restaurant, major universities (Universiti Teknologi Mara and Universiti Teknologi Petronas), a police station, wet market, schools, banks and bus station terminals. A Perodua 3S centre and a Mydin hypermarket are expected to begin operations in 2017.

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This article first appeared in The Edge Financial Daily, on June 9, 2016. Subscribe to The Edge Financial Daily here.