Semarak Avenue targeted for 3Q2012 launch

KUALA LUMPUR: Naza TTDI Sdn Bhd plans to launch its Semarak Avenue mixed-development at Jalan Semarak in 3Q2012, said group managing director SM Faliq SM Nasimuddin on Wednesday, July 13.

It was reported earlier that the project has a gross development value of RM1 billion and will comprise 1,625 housing and commercial units built over a 14-acre tract of land.

On its TTDI Alam Impian project, Faliq said the group was planning to launch the next phase on July 30, which will consist of 136 units of link houses.

The prices of the link houses range from RM600,000 to RM700,000, with built-ups from 2,200 sq ft while land areas start from 20 ft x 80 ft to 24 ft x 80ft.

Naza TTDI and Telekom Malaysia Bhd had inked a deal on Wednesday for the latter to supply high-speed broadband (HSBB) UniFi triple-play services of voice, video and Internet connectivity to their 208-acre, RM1.3 billion TTDI Alam Impian township in Shah Alam.

Under the agreement, 1,450 houses and commercial properties will be hooked up with UniFi with connection speeds of 5Mbps, 10Mbps and 20Mbps.

"When we launch the new phase... That is something that we will absorb, because this is something that we want to build with the development. But in the previous phases where we didn't have at this, we may look at absorbing half of the cost. We have sold most of the units (of the previous phases) and we will have to figure out the exact cost... it should be quite minimal," he said.

Of the total 12 phases, four have been launched. The homes offered there are link houses, bungalows and semi-detached houses.

The agreement paves the way for the first UniFi township in Malaysia's central region, with the other townships in Johor. They are Dynasty View Sdn Bhd's Seri Austin in Tebrau, Mudra Tropika Sdn Bhd's Nong Chik Heights at Jalan Kolam Ayer and Seri Alam Properties Sdn Bhd's Bandar Seri Alam.

TM had also signed a deal with EUPE Kemajuan Sdn Bhd to offer similar services for The Somerset and Cinta Sayang Resort Villas in Sungai Petani, Kedah.

The national telecommunications company expects to announce another five UniFi townships in the Klang Valley before the end of the year, said TM Selangor vice president of sales Datuk Zaini Maatan.