EcoWorld

KOTA KEMUNING (April 22): The first phase of The Parque Residences in Eco Sanctuary has seen 30% of its condominium units sold since the project opened for sale early this year, said Eco World Development Group Bhd (EcoWorld) general manager Ho Kwee Hong.

She told TheEdgeProperty.com that sales were moving slowly but steadily and the company plans to officially launch phases one and two, either at the end of this year or early next year.

“The Parque Residences consists of six 20 to 25-storey residential blocks which house 1,000 high-rise units. The first phase of three blocks comprises 597 units with built-up sizes ranging from 516 sq ft to 1,388 sq ft. The selling price starts from RM400,000 or averages RM700 psf,” she said.

The 27-acre development is the third phase of the 308-acre Eco Sanctuary township at the south of Kota Kemuning.

The township development consists of landed homes, condominiums, wellness apartments, shop offices, a strip mall, office towers, a hotel and a convention centre.

The facilities of The Parque Residences include a swimming pool, indoor badminton and futsal courts, cafe and entertainment room, gymnasium, jogging path, yoga deck and community garden.

There will also be a shuttle bus service connecting The Parque Residences to the commercial hub – Eco Sanctuary City – which is situated in the township.

“Besides that, there will be a space allocated for spa services and we are currently looking for a spa operator to serve the residents,” she added.

EcoWorldHo noted that the full-fledge facilities have attracted many buyers to start their family or their retirement plan here.

“There are customers who bought a unit here as their retirement home, as The Parque Residences has complete amenities, beautiful greenery and a safe environment. Most of them are currently staying in landed homes and want to downsize their houses as their children have left home,” she explained.

She said there are also some young buyers who cannot afford the landed homes in Eco Sanctuary and have chosen to start with high-rise units in the township before upgrading their property in the future.

The Parque Residences is also the first high-rise residential development in Eco Sanctuary, and is expected to be completed by end-2018.

Ho added that the residents of Eco Sanctuary will enjoy greater accessibility following the completion of the first stretch of the West Coast Expressway – linking Banting and Port Klang to Taiping – which is slated to be completed by end-2018 or early 2019.

This highway will be connected to the Kuala Lumpur-Kuala Selangor Expressway (LATAR Expressway) which enables users to bypass the heavy traffic to Petaling Jaya.

Besides this, Eco Sanctuary is connected to four highways: the Shah Alam Expressway (KESAS), The Kemuning-Shah Alam Highway (LKSA), North South Expressway Central Link (ELITE) and The South Klang Valley Expressway (SKVE).

Do not ask your BFF about the value of your home. Click here at The Edge Reference Price to find out.

This story first appeared in TheEdgeProperty.com pullout on April 22, 2016, which comes with The Edge Financial Daily every Friday. Download TheEdgeProperty.com here for free.

SHARE
RELATED POSTS
  1. Gamuda Land’s Quayside Mall in Kota Kemuning welcomes new tenants; Quayside Tower gets an international school
  2. Eco Business Park V welcomes 11 new businesses to Puncak Alam
  3. EcoWorld Malaysia’s 1Q2024 profit after tax increases by 22.2%, RM1.26 bil sales achieved in four months