KUALA LUMPUR: Touted by its developer Exsim Development Sdn Bhd as the soon-to-be most exclusive residential address in Bukit Jalil, Kuala Lumpur, The Treez has got off to a great start with sales of over 90% in less than three months.
It was an unexpected response considering this is Exsim’s first residential project, said Michael Yam, sales and marketing director of Jalil Max Development Sdn Bhd, a subsidiary of Exsim.
Exsim was involved in the timber business before venturing into property development. It has been developing mainly industrial projects prior to this including the Nouvelle Industrial Park in Kota Damansara and Nouvelle Industrial Park in Kota Kemuning.
The Treez, comprising 135 condominium units, 13 condo villas, 15 link villas and five penthouses, is a freehold low density development that embraces a greener lifestyle. Covering 2.6 acres, it fronts the 80-acre Bukit Jalil International Park and has a gross development value (GDV) of RM190 million.
“We realised that there is a demand for high-end gated and guarded development in Bukit Jalil. So far, we do not know of any other developments that has gone the scale we have in terms of built-up sizes, luxurious fittings and green features,” Yam told The Edge Financial Daily.
According to Yam, the development will be built to meet the Malaysian Green Building Index (GBI) standards. Upon completion, it could be the first Green Residential Building in southern Kuala Lumpur.
Green is a cause Exsim takes seriously; building materials will be meticulously and environmentally sourced from sustainable sources. The development also incorporates features such as a recycling facility, rain harvesting system and a condensation water reuse system, as well as solar panels.
There will also be a bicycle-rental service to encourage less usage of cars and healthier living.
“We are a new player in the market, so it is important for us to differentiate ourselves from the others. We are trying to achieve this with creative designs, quality products and being green. The Treez offers luxury that is normally found in five-star resorts, added Yam.
Facilities include a grand sunken lobby with cascading fountain, a 25-metre Infinity pool, private lounge, a yoga pavilion and a fully-equipped gym.
The units in the development boasts large sizes of 1,409 sq ft to 1,700 sq ft for condominium units, 2,733 sq ft to 3,260 sq ft for condo villas, 2,450 sq ft to 3,952 sq ft for penthouses and standard 4,344 sq ft for link villas with rooftop gardens. Prices start from RM704,000 onwards.
“We started construction in late October with expected completion by December 2013,” said Yam.
This article appeared on the Property page, The Edge Financial Daily, November 26, 2010.
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