Eco World plans RM8bil Kota Kemuning township


Eco World Development Group Bhd is planning a second township with a gross development value (GDV) of RM8bil in Kota Kemuning.

In a statement yesterday, the property group said the project called Eco Sanctuary would be a 308.7-acre leasehold project with an “eco” concept.

Chief executive officer Datuk Chang Khim Wah said the first launch of Eco Sanctuary was slated for next month.

Chang said the group was excited about the introduction of Eco Sanctuary to the Klang Valley market as the developer had been planning for this over a year since the purchase of the land in March 2014.

The launch of Phase 1 of Eco Sanctuary will comprise two parcels of land that include semi-detached units, zero-lot bungalow, bungalows and terraced villas.

The strata-titled homes are fully gated and guarded alongside security cameras and intercom systems connecting all units with a central guard house to facilitate visitor management system. Currently, EcoWorld is involved in 15 projects which include affordable to high-end properties and has about 5,245 acres of landbank with a total GDV of RM65bil.

Through its associates, EcoWorld has also expanded to the United Kingdom and Australia with several developments in London and Sydney lined up for launch in 2015. - By The Star