KUALA LUMPUR: Setia Awan Holdings Sdn Bhd has launched phase 2 of its Setia Residence project in Manjung, Sitiawan in Perak.
Setia Residence, a 60-acre (24.2ha) freehold project, is the first gated and guarded development in Manjung. It will feature 436 3-storey bungalows, zero-lot bungalows as well as cluster and terraced houses when fully completed in 2015. The total gross development value is RM220 million.
Phase 2 comprises 2-storey (built-up: 3,848 sq ft) and 3-storey bungalows (built-up: 4,180 sq ft) and 2½-storey zero-lot bungalows (built-up: 3,440 sq ft) as well as 2-storey terraced houses (built-up: 1,900 sq ft). Prices of the bungalows start from RM728,000, and the terraced houses from RM398,000.
|An artist’s impression of 2-storey terraced houses in Setia Residence.|
Phase 1 was launched last April and all 165 units were sold in six months.
“The property landscape in Sitiawan has changed tremendously to meet the changing needs and demands of Sitiawan’s growing population,” executive director Datuk Jimmy Doh said in a statement.
“With Setia Residence we have helped raise the bar of quality lifestyles in Manjung to an even higher level, as this is the first luxury resort-style residential development within the township.”
It is the first private residence in Manjung with lifts in the 3-storey bungalows. Setia Residence will also have a residents-only clubhouse with a modern café, swimming pool and games room. Other facilities include basketball and tennis courts as well as a jogging track.
“Setia Awan is proud to be the first developer to build a gated and guarded development that is complete with a clubhouse and lifestyle facilities within this district,” Doh said.
“We believe Setia Residence will transform lifestyles while bringing families and communities together.”
Besides Setia Residence, Setia Awan is also developing a commercial mixed development, Seri Iskandar Business Centre, and several other projects spread across 200 acres in the Sitiawan district.
This article first appeared in The Edge Financial Daily, on April 5, 2013.
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