UEM Sunrise Bhd will launch Melia Residences, the first freehold landed strata residential development in Gerbang Nusajaya, Iskandar Malaysia, this Saturday with selling prices from RM596,000 to RM1.5 million.
The company’s chief operating officer (commercial) Raymond Cheah said phase one of Melia Residences comprises 125 units of 2-storey terraced houses with built-up sizes ranging from 2,006 sq ft to 2,594 sq ft.
“Currently, there are 901 interested buyers who have registered with us. I am confident all the units in the first phase will be sold before we launch the second phase in June,” he told reporters during the press conference of UEM Sunrise’s marketing campaign “Signature Selection – Rendezvous in France 2016”.
Phase two of Melia Residences consists of 150 units of 2-storey terraced houses.
The first and second phases of Melia Residences have a gross development value (GDV) of RM196 million and are estimated to be completed by 2019.
“The 73.64-acre Melia Residences will offer 625 units with three layout selections. The third and fourth phases will be unveiled next year,” he said.
Cheah noted that the development is about 800m from the proposed High Speed Rail (HSR) station, which could be the main catalyst of capital appreciation for the property market in Gerbang Nusajaya.
Melia Residences is one of the projects under UEM Sunrise’s “Signature Selection – Rendezvous in France 2016” campaign, where buyers will have an opportunity to participate in a lucky draw – 28 winners will go to France to watch the quarter-final, semi-final or grand final matches of European Football 2016.
The other properties of the “Signature Selection – Rendezvous in France 2016” campaign include Schubert, Schumann 2, Beethoven and Verdi “eco-dominiums” high-rise homes at Symphony Hills in Cyberjaya; Begonia in Bangi Serene Heights; Residensi 22; Residensi Sefina as well as 11 Mont’Kiara in Kuala Lumpur.
“In Southern Malaysia, we have Noble Park, Inspiration Park and Residensi Ledang – all located in East Ledang, Estuari Gardens, Teega and Almas in Puteri Harbour as well as Twin Villas of Nusa Idaman,” he added.
The lucky draw will be held on June 18, 2016 at Publika Shopping Gallery in Solaris Dutamas, Kuala Lumpur.
“The campaign runs from April 1 to May 31. Currently, there are 60 purchasers participating in the campaign; we anticipate more participants after today’s official launch,” Cheah added.- The Edge Property