Monday, June 16, 2014

Sleepy Semenyih gets ‘majestic’ boost

Semenyih in Selangor, which has in the past been seen as a sleepy hollow, has been attracting the attention of major property players.

Semenyih is accessible from established residential and business hubs of the Klang Valley via the Kajang Silk Highway and the Kesas Highway. Increasingly, Semenyih property has become a target for people working in KL city but looking for affordable yet quality landed property in the suburbs.

Semenyih’s attraction as a property hub appeared to have gone up several notches when the new kid on the block – Eco World Development Group Bhd – launched its maiden township development, EcoMajestic (seen in model form, above), there last month.

To be spread over 440ha (1,089 acres), EcoMajestic is probably the largest gated and guarded township development in Semenyih. The massive project will have a gross development value (GDV) of RM11.14 bil.

Its initial phase offers 612 units of terrace houses with sizes of 20x70 ft, 22x70 ft, 22x75 ft and 24x75 ft, equivalent to built-up areas of 2,019 to 2,634 sq ft. Prices start at RM586,000 -- lower than in established parts of the Klang Valley.