SP Setia Bhd's Setia Eco Templer project near Templer's Park in Kuala Lumpur saw about 60 potential buyers camping at thesales gallery there since Friday night as they seek to secure their preferred units, said executive vice-president Datuk Koe Peng Kang.
"They came to choose their preferred units, which are close to the rivers and lakes. Even now (6:40pm) we are still selling homes," he told TheEdgeProperty.com.
The first phase of this township features 176 units of 2-storey linked villas with built-ups of 2,394 sq ft, 2,626 sq ft and 2,965 sq ft; 52 units of 2-storey semi-detached homes with built-ups of 3,492 sq ft and 3,482 sq ft; and six units of 2-storey bungalows with a built-up of 4,214 sq ft.
Prices of the units range from RM850,000 for the link villas to RM1.7 million for the semi-detached homes while the bungalows are priced at approximately RM 2.8 million.
According to Koe, most of the buyers were owner-occupiers upgrading from their apartments or older landed homes in Selayang, Rawang, and Kepong.
However, there were also a few buyers from Petaling Jaya and Sungai Buloh, he added.
"They prefer to live in a gated-and-guarded community, and they seek a developer who can manage it well," he said.
The homes are sold under the developer's Setia 10:90 programme, which requires buyers to pay only 10% of the price first and the rest after the property is completed.
"This provides great financial flexibility and freedom of up to three years for purchasers’ financing options and they will not have to miss out on investment opportunities that benefit them in the future," said the group in a statement today.
The 194-acre Setia Eco Templer is located on the former site of the Perangsang Templer Golf Club in Templer Park.
It is a joint-venture development between Setia Eco Templer Sdn Bhd and Cash Band (M) Bhd.
This township has a low density of only 9.5 units per acre.
Facilities include a clubhouse with an Olympic-sized swimming pool, gymnasium, ballroom, function rooms, and F&B outlets, among others. - The Edge Property