news

Rafflesia Phase 3 semidees launch in Damansara Perdana

PETALING JAYA: MK Land Bhd, the master developer of Damansara Perdana in Selangor will launch Phase 3 of The Rafflesia, its first landed property in the township, on Nov 7.

Speaking to theedgeproperty.com, its chief operating officer central region, Fatimah Wahab said some 32 semi-detached homes will be offered in this phase. To-date, some 13 units have been sold since the preview on Nov 5.

The RM100-million Rafflesia, which will be developed in four phases for 214 semi-detached homes, is slated for completion in 2015. A total of 116 units from The Rafflesia Phase 1 and 2, which was launched in March 2007 and August this year respectively, have been fully sold.

Some 24 out of 56 units in Phase 1 is scheduled for handing-over to buyers by February next year, while the rest by June next year.

In the 791-acre leasehold Damansara Perdana township, MK Land has allocated a 81-acre parcel known as the North West Corner, for landed homes. The Rafflesia, seated on the 27-acre parcel of the North West Corner, is targeting high net worth owner-occupiers, both local and foreign.

Upon the completion of The Rafflesia, MK Land plans to develop the adjacent Parcels A and B with higher-end landed properties in the next five years. The three parcels will see a total of 460 units.  It is also believed that some super high-end bungalows will be built at the highest point of Damansara Perdana. It will be a low-density project with only 20 strata-titled bungalow units.

More than 40% of Damansara Perdana has been developed with mainly highrise residential property. The township currently accommodates more than 20,000 residents.

Phase 1 of The Rafflesia will be completed soon

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE