Hundred East hits take-up rate of 40%

KUALA LUMPUR (April 24): Phase 1 of TH Properties Sdn Bhd’s Hundred East in Bandar Enstek has sold 40% of its units since its launch in December last year.

The 5,119-acre (2,071ha) Bandar Enstek is TH Properties’ flagship project. Located in Negeri Sembilan, Bandar Enstek has a gross development value of RM9.2 billion. More than 50% of the township has been developed and it is due to be completed in 2025.

TH Properties will be unveiling and showcasing its Hundred East show unit tomorrow and Sunday.

“Hundred East provides not only premium, extra-large spaces but is also very competitively priced,” said senior manager of marketing and sales Mohd Adlee Yusof.

Phase 1 of Hundred East features 48 units of 2-storey houses with lot areas of 24ft x 75ft and 26ft x 80ft. The former have built-ups ranging from 2,232 sq ft to 2,366 sq ft and are priced from RM574,400, while the latter’s built-ups are from 2,382 sq ft to 2,420 sq ft, with prices starting from RM623,400.

“With an attractive sales package coupled with a competitive selling price and easy accessibility, we are confident of the demand in light of the responses we have received so far,” he said.

The development is near the Kuala Lumpur International Airport and klia2. Amenities include an 18-hole golf course, a neighbourhood mall, public park, schools and high-speed rail connectivity by the year 2020.

Bandar Enstek consists of four components: residential, commercial, institutional and industrial. Other launches this year in Bandar Enstek include five units of premium bungalows, 32 units of semi-detached homes and bungalows, and 21 units of 2- and 3-storey shop offices.

This article first appeared in The Edge Financial Daily, on April 24, 2015.

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