Five hours was all it took for all the 30 superlink houses in the final phase of the award-winning Lake Edge project in Puchong, Selangor, to find buyers.
Although priced at the RM700,000 mark, developer YTL Land and Development Sdn Bhd (YTLLD) said incentives such as an eight per cent "early bird" rebate and its absorption of the legal fees related to the sale and purchase agreements helped to generate the response.
Located near to Puchong's "golden mile" of activities, the gated-and-guarded project that was launched in 2004 at prices starting from RM580,000 appeals to upgraders from the area, said YTLLD assistant manager of sales and marketing K.K. Lai.
"Some of our buyers have bought two or more units here," she pointed out, adding that the "pavilion feature" after which the terraces are named is of particular interest, since it allows the kitchen to be positioned in the centre of the house to overlook a courtyard.
The low-density, 80-acreLake Edge will consist of 422 landed units upon built-out, of which only the 30 Pavilion Terraces in the final phase and 12 lakeside bungalows (not launched yet) have yet to be completed.
The project has won a string of awards including Best Lowrise Residential Development in the 2008 Malaysia Property Awards held by the Malaysian chapter of the International Real Estate Federation (Fiabci).
This year, it was the runner-up in the Master plan category of Fiabci's world awards called Prix D'Exceilence and named Best Residential Development in the CNBC Asia Pacific Property Awards.
Subscribe to:
Post Comments (Atom)
Post a Comment