First terraced homes at Eco Horizon and Eco Sun set for launch in 2H2017

http://www.theedgeproperty.com.my/content/...t-launch-2h2017

The 300-acre Eco Horizon and 74.5-acre Eco Sun have a combined gross development value (GDV) of more than RM7 billion to be developed over the next 10 years.

Eco Horizon will be divided into four residential precincts and one commercial precinct.

“For Eco Horizon, we are allocating over 230 acres of land for the residential component itself, while the remaining 70 acres will be for a commercial precinct. We are looking to launch the commercial precinct four to five years from now,” said Khoo.

“We will launch the terraced houses first, then maybe we will move on to other types such as the semi-dees. We always believe in bringing in the residential component first before the commercial,” said Khoo.

The two-storey terraced homes to be launched in both Eco Horizon and Eco Sun will have built-ups from 2,000 sq ft, with an estimated selling price starting from RM800,000.

Meanwhile, Khoo added that the houses in both Eco Horizon and Eco Sun will have a colonial design concept.

“The houses will be something similar to our landed houses at Eco Botanic. The Eco Botanic landed homes are like a sneak peek of what we will be offering at our mainland township,” said Khoo. Eco Botanic in Johor is the developer’s maiden township launched in 2013 with a total GDV of RM3.79 million. Over 15% of the 270-acre freehold development has been reserved for greenery including indigenous trees and plants. The first residential project of Eco Botanic — dubbed The Verandah — comprises 624 cluster homes and semi-dees, which were fully sold and delivered to buyers last September.

“Eco Horizon and Eco Sun will be in a gated-and-guarded development. We will definitely not scrimp on security because that is of utmost importance. We will also be building a larger-than-normal clubhouse for the residents to enjoy,” explained Khoo. Eco Horizon and Eco Sun will have two separate entrances. While the clubhouse is located at Eco Horizon, residents at both Eco Horizon and Eco Sun are free to use the facilities.

Located at the centre of Eco Horizon will be the township’s 13.6-acre main park, with a pond that will take the form of a pair of flamingos.

“We understand that the residents may not utilise the clubhouse on a daily basis, yet when they want to use it, they want complete amenities such as a big gym and a big swimming pool. By building a bigger-sized clubhouse to be shared among more than 2,000 units of homes, this will definitely reduce maintenance fees, yet they can enjoy all the facilities,” he said.

This post has been edited by Jasoncat: May 13 2017, 07:09 PM

800k is cheap considering ikea and future township just nearby. plus accessibility to pulau.

This post has been edited by fareast139: May 15 2017, 02:27 AM

Interested on this project.
Is this a Leasehold project?

Based on what announced in Bursa Malaysia when EW acquired the land, this should be a leasehold project.

Whole Batu Kawan is leasehold

If u decided to get a unit or more than a unit,
Remember to pm me for referral ya.

I can get SA to get in touch with u.

If u Need referral, pm me ya.

Lol.... yes pls.

Meaning, all projects (regardless of developers), will be of Leasehold projects?

Why no new project in Cheras area :/

Referral got further discount?

Yes, I just PM their FB page, it is leasehold.

Will it turn you off from considering to purchase one?

Maybe...still prefer freehold one
Not sure how many years left for lease tenure.

This post has been edited by queeninee: May 15 2017, 01:06 PM

Haha... if given a choice of course freehold would be better but if 99 years lease with remaining tenure says 96 years upon handover still fine to me - it very much depends on the tolerance level of each individual.

Note: I presume EW would renew the lease upon acquisition of the land

Yes. U r correct.

Freehold only at Simpang Ampat Eco Meadows.
But I heard their landed fully sold. Not sure is true or not.
Now they got Eco Bloom at Eco Meadows.
Is freehold.

+1 agree.

Should be lah.

Further discount I'm not sure.
Is the referral get 1%.
So share that 1%.

Bro leave some breadcrumbs for me...