Eco World have identified a new project on two leasehold lands measuring 374.56 acres
http://www.bursamalaysia.com/market/listed...cements/5134333

Interested

Parking ~

EW is really going all out..

EG, EA & now Eco Horizon

Eco World acquires Batu Kawan land for development

KUALA LUMPUR: Eco World Development Group Bhd has reaffirmed its commitment to the Penang market with the acquisition of two parcels of land measuring 374.5 acres in Batu Kawan, Penang for RM875.24 million.

The lands which are strategically located within close proximity to the Second Penang Bridge will be developed into two townships known as Eco Horizon and Eco Sun.

Both these developments are expected to generate a combined gross development value of RM7.76 billion.

Chairman Tan Sri Liew Kee Sin said the proposed acquisitions are in line with its strategy of concentrating on the nation's three key main economic corridors which include Klang Valley, Penang and Iskandar Malaysia, Johor.

"In the case of Penang, the group's focus is on the mainland specifically the Batu Kawan growth corridor.

"This will complement the group's successful Eco Meadows township on the mainland which has achieved near-sold out sales of its first phase of terrace homes since its first launch in September," he said


http://www.nst.com.my/news/2016/06/155294/...and-development

ESKY EMAJESTIC ESANC...AND PROJECT IN JOHORE AND ENGLAND.

All of the projects not vped yet...
And ecosky likely to be delayed vp, their 1st project.

Even EPF want to back them.. who care.

This leasehold definitely will win freehold.

should I open Eco Sun thread

ok also

This post has been edited by VincentProperty: Jun 28 2016, 10:57 PM

Better visualisation with the pic.


Attached thumbnail(s)

thanks for sharing

anyone is sales agent here?

Replied you in other thread too. EW does not engage with external sales agent. You may liaise with EW directly.

Eco Lagi?

Check in

Eco Nomist?

too many "Eco" projects soon..

juz like aset kayamas

This post has been edited by nexona88: Jun 30 2016, 01:21 PM

Global warming...

Wow...Eco Project...wan a lot money buy EW project

Eco World, EPF in RM7.76b township projects in Penang state

Epf goes all out to sleep w ew lioa....

Not just two nights stand.....

Another few more years...i bet epf will buy out ew if pnb doesnt do so.

Seems like coming hot soon.....

Probably in Q2 2017 I think.

Well that's the style of glc nowadays..
Buy over companies that are good.. Forced buy if needed

Batu Kawan...time to visit. Future engine of Penang.

Yeah quite likely since this project is identified as one of the sales contributors of EW this year.

Since the opening of second bridge..
Batu Kawan is hot spot...

i heard from eco meadows SA, this project is a leasehold.

EcoWorld records RM955 mil sales in first four months of FY2017, targets to launch three projects in 2H2017

By Lum Ka Kay / TheEdgeProperty.com | March 16, 2017 6:44 PM MYT
2062
EcoWorld

SEMENYIH (March 16): Eco World Development Group Bhd (EcoWorld) has achieved RM955 million sales in the first four months of its financial year 2017 (FY2017), 57% higher than the RM607.8 million recorded in the first four months of FY2016.

According to EcoWorld president and CEO Datuk Chang Khim Wah, RM797 million was contributed by projects in the Klang Valley while the remaining RM158 million came from projects in Iskandar Malaysia, Johor and Penang.

“The significantly higher sales numbers achieved this year is the result of the strong follow-through momentum from our mega launches in the final quarter of FY2016.

“We are delighted with the continued strong response to our latest projects — Eco Grandeur, Eco Ardence as well as BBCC (Bukit Bintang City Centre). These three developments are uniquely differentiated to cater to very separate target markets.

“Furthermore, they are located in three distinct property hotspots in the Klang Valley which enable us to reach out to and serve the needs of a wide and diversified pool of property purchasers,” Chang told reporters after EcoWorld’s annual general meeting (AGM) today.

“Over the next few quarters, we expect interest and sales momentum in these three projects to pick up further,” added Chang.

For the first quarter of FY2017 (1QFY17), the group recorded revenue of RM592.7 million, which is 27.9% higher than the RM463.5 million reported for 1QFY16.

Chang said that the strong sales performance in 1QFY17 was also boosted by the launch of Eco Sanctuary’s (in Selangor) final landed, gated-and-guarded precinct known as Grandezza followed by the opening of a new show village in February 2017.

Meanwhile, the developer is looking to launch three projects by the second half of 2017 (2H2017). They are Eco Horizon and Eco Sun in Batu Kawan, Penang, Eco Business Park V in Puncak Alam as well as Eco Forest in Selangor.

The 492.7-acre Eco Forest township is located about 5km from Eco Majestic and has a gross development value (GDV) of RM3.5 billion. The 374.6-acre Eco Sun and Eco Horizon have a combined GDV of RM7.762 billion while the 518-acre Eco Business Park V has a GDV of RM2.747 billion.

Apart from that, EcoWorld is set to hand over about 4,700 units of properties by end-FY2017 (October 2017). In Iskandar Malaysia, Eco Botanic has handed over its first phase of semi-dees and is looking to hand over Eco Boulevard — the commercial segment — to further activate the township.

The developer said this will be followed by handovers of homes at Eco Spring, Eco Summer and Eco Tropics within the next one to two quarters. In the Klang Valley, Eco Sky has recently delivered its retail shopoffices to buyers last December while the first phase of Eco Majestic’s terraced homes will be handed over in April.

Up north in Penang, sales activities are expected to increase in 2H2017 with the launch of Eco Sun and Eco Horizon in Batu Kawan, the largest township development by EcoWorld in the northern region.

On the international front, Eco World International Bhd (EWI) recorded cumulative sales of RM6.488 billion for the first quarter ended Jan 31 based on exchange rates as at Jan 31 versus RM5.29 billion as at Oct 31, 2016. Profit after tax as at Jan 31 stood at RM116.2 million.

“FY2017 is shaping up to be a very good year for the group. The Employees Provident Fund as a 40% shareholder to jointly develop another four projects — Eco Grandeur, Eco Business Park V, Eco Horizon and Eco Sun, the completion of our 25% private placement and the strong 1QFY17 profits will also strengthen our balance sheet and help us better manage our gearing position going forward.

“We are confident that we are on track to achieve our sales target of RM4 billion sales in Malaysia and once we complete our subscription for the 27% stake in EWI, we will be entitled to recognise a proportionate share of EWI’s sales for FY2017 which will add on to our pipeline of future earnings,” said Chang.

Parking

Lai liao lai liao.........


Attached thumbnail(s)

Here you go...
http://ecoworld.my/ecohorizon/

Who hv go penang Eco World property fair at queen bay~

https://www.youtube.com/watch?v=ap9ezSbL_9g...DyCIzMDAzMjAxNw

Lai LIao Lai Liao again,......

https://www.youtube.com/watch?v=wRImRECthZg

Omg, I thought I am watching an Hollywood Blockbuster trailer......

ooops, is EW blockbuster......

Coming soon.....

I thought it's an Eco Duck in the Eco Horizon logo

This post has been edited by Jasoncat: Mar 31 2017, 07:18 PM

anyone have anynidea regarding this project? masterplan, price range, lauching date etc

was told by the SA from Eco Meadow link house or semi-d at Eco Horizon simply over 1mil, be ready

So is there an Eco Sun thread?

Why dun u open one? haha...

Lolxx... coz someone mentioned will open one mah. so ask and see first lo. don't to duplicate open.

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...

Lollll.... northern region let me cover, u cover Klang valley region.

How about Aspen’s project in batu kawan?

Ya woh... aspen is freehold. Hmm.... let me ask my friend and see can leasehold convert to freehold or not.
Coz I went to Global Oriental gallery before at Batu Kawan. Global Oriental's project also is leasehold.

How is the progress of the ASPEN project?

Hehe... not sure. Din follow or into Aspen project.

No worries mate.

Not master plan??

Not master plan??

MPSP/15/S73-1703/PKM+BGN/101387-1 : CADANGAN PEMBANGUNAN BERCAMPUR YANG TERDIRI DARIPADA FASA 1 & FASA 2: FASA 1A: a) RUMAH TERES (HAKMILIK STRATA)2 TINGKAT (287 UNIT); b) PONDOK PENGAWAL (1 UNIT); C) PENCAWANG TNB (2 UNIT); d) TAPAK RIBI (1 UNIT); e) PUSAT KOMUNITI (1 UNIT); f) SURAU (1 UNIT); FASA 1B: a) RUMAH TERES (HAKMILIK STRATA) 2 TINGKAT (300 UNIT); b) PENCAWANG TNB (1 UNIT); FASA 2: a) KEDAI/ PEJABAT 2 TINGKAT (89 UNIT); b) KEDAI/ PEJABAT 3 TINGKAT (89 UNIT); c) RESTORAN PANDU LALU 2 TINGKAT (1 UNIT); d) PENCAWANG TNB (3 UNIT); DI SEBAHAGIAN PT5258, LEBUHRAYA BANDAR CASSIA, MUKIM 13, SEBERANG PERAI SELATAN, PULAU PINANG. oleh ECO HORIZON SDN. BHD. di Majlis Perbandaran Seberang Perai


MPSP/15/S73-1612/PKM+BGN/100926-1 : Cadangan Mendirikan:- i) 8 Unit Rumah Teres 2 Tingkat Sebagai Rumah Contoh Sementara (Hakmilik Strata) ii) 1 Unit Pejabat Jualan 2 Tingkat iii) Kolam Takungan Di Atas Sebahagian Lot 21145 (PT5261), Mukim 13, Lebuhraya Bandar Cassia, Daerah Seberang Perai Selatan, Pulau Pinang. Untuk: Tetuan Eco Horizon Sdn Bhd (Dahulunya dikenali sebagai Teraju Pasifik Sdn Bhd) oleh ECO HORIZON SDN. BHD. di Majlis Perbandaran Seberang Perai


MPSP/15/S73-1608/PKM+204D/100652-1 : CADANGAN MENDIRIKAN (HAKMILIK STRATA):- A) FASA 1 I) 741 UNIT RUMAH TERES 2 TINGKAT II) 1 UNIT PONDOK PENGAWAL, PINTU GERBANG, GAZEBO DAN PUSAT KOMUNITI III) 1 UNIT KOLAM TAKUNGAN IV) 1 UNIT RUMAH KELAB/DEWAN 1 TINGKAT V) 1 UNIT PINTU GERBANG B) FASA 2 I) 722 UNIT RUMAH TERES 2 TINGKAT II) 6 UNIT RUMAH BERKEMBAR 2 TINGKAT III) 1 UNIT PONDOK PENGAWAL, PINTU GERBANG, GAZEBO DAN PUSAT KOMUNITI IV) 1 UNIT KOLAM TAKUNGAN C) FASA 3 I) 476 UNIT RUMAH KLASTER 2 TINGKAT II) 46 UNIT RUMAH BERKEMBAR 2 TINGKAT III) 1 UNIT PONDOK PENGAWAL, PINTU GERBANG , GAZEBO DAN PUSAT KOMUNITI D) FASA 4 I) 362 UNIT RUMAH BERKEMBAR 2 TINGKAT II) 16 UNIT RUMAH SESEBUAH 2 TINGKAT III) 1 UNIT PONDOK PENGAWAL, PINTU GERBANG DAN GAZEBO E) KEMAJUAN MASA HADAPAN- TAPAK KOMERSIAL DAN PERUMAHAN DI ATAS LOT 21145 (PT5261) , MUKIM 13, PERSIARAN CASSIA TIMUR 2, DAERAH SEBERANG PERAI SELATAN, PULAU PINANG. oleh ECO HORIZON SDN. BHD. di Majlis Perbandaran Seberang Perai


MPSP/15/S73-1607/PKM+204D/100664-1 : CADANGAN PEMBANGUNAN BERCAMPUR YANG TERDIRI DARIPADA FASA 1 DAN FASA 2: FASA 1: A) RUMAH TERES (HAKMILIK STRATA) 2 TINGKAT (595 UNIT); B) RUMAH KELAB 1 TINGKAT (1 UNIT); C) PONDOK PENGAWAL (2 UNIT); D) PENCAWANG TNB (3 UNIT); E) TAPAK RIBI (1 UNIT) FASA 2: A) LOT KEDAI/PEJABAT 2 TINGKAT (53 UNIT); B) LOT KEDAI/PEJABAT 3 TINGKAT (81 UNIT); C) PLAZA NIAGA 1 TINGKAT (1 UNIT); D) RESTORAN PANDU LALU 2 TINGKAT (3 UNIT); E) PENCAWANG TNB (3 UNIT); SERENTAK DENGAN PERMOHONAN PENYERAHAN BALIK SEBAHAGIAN PT 5258 DAN PEMBERIMILIKAN SEMULA (SEKSYEN 204(D)KTN) KEPADA PETAK 1 HINGGA PETAK 3, LEBUHRAYA BANDAR CASSIA, MUKIM 13, SEBERANG PERAI SELATAN, PULAU PINANG UNTUK TETUAN ECO HORIZON SDN. BHD. [DAHULU DIKENALI SEBAGAI TERAJU PASIFIK SDN. BHD.] oleh ECO HORIZON SDN. BHD. di Majlis Perbandaran Seberang Perai

EW is premium one leh. How come no freehold

Hoarding up d finally......

Cheque collection will be commenced soon.......stay tune.....


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Looking to share the referral/introducer fees with exisiting ecoworld buyer. Potential new buyer here

Please contact me at aileen.lin0921@gmail.com

This post has been edited by prs: Jun 21 2017, 07:41 PM

I heard the price starts from RM750k...

Y ecoworld dont want apply from state goverment to freehold..

Cos this all land is leasehold ...other delvpmt oso..

U are booking for this project too?

Hi..u are bought already buy for ew product?

interested on this project but leasehold make me think twice. if freehold no need think d...

Eco sun oso is leasehold too...i oso see masterplan too..like type 22x70 ..u are hv booking 1st or not?

Eco sun too small 20x70 and far from Ikea if compare with Eco Horizon.
Eco horizon I like the 25x75... i not put booking yet..The sale person told me can place 5k cheque d. I still consider.. leasehold is main concern...

Sry..u are pure penang ppl?

30x60 is very nice...design like for Eco Grandeur Avemham type..25x75 nett price around hw much?
Face lake right?

This post has been edited by Randy2552: Jul 30 2017, 05:24 PM

yup pure penang ppl.
yup 30x60 nice also... but i more prefer 25x75..
saleperson told me ard RM800k

Not wrong 25x75 is face lake right?

30x60 around hw much?

Wrong, ASPEN project in bt kawan is freehold status.

22x70 is facing lake. I heard the 30x60 will more than 1mil..

U oso bought this project?

belum lagi launch la.. I bump into their roadshow in qbay mall few weeks ago..

Leased hold? Save the bullet for.another day.

So u wn bought whice type?

Eco Horizon is lease hold ..Eco Forest not wrong free hold~

Sales Gallery is rushing to open for EWP buyer appreciation dinner on this Saturday...,..


Attached thumbnail(s)

any good news on report card of eco meadow during buyer apprecistion dinner just now???

Still under consideration. Any idea on the 22*70 pricing?
I'm interested on the price for extra land pricing for the corner or intermediate corner unit as well.

Good morning...22x70 normal unit around 750k...if corner maybe add aroun 100k..oso need see your get whice package.

750k is after rebate right?

Un rebate price...

Saturday i went eco horizon sales office the staff told me 22x70 is 800k..

U price is SPA price...

Last i ask staff hv cal Ew anniversary offer n eary bird booking offer n repeat buyer offer ...total around <71xk

This post has been edited by Randy2552: Sep 11 2017, 10:35 PM