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Harmoni Apartment @ Eco Majestic, Semenyih Insights

Developer:CO World Development Group Bhd
Architect:
Main Contractor:
Land Size (sqm):
GFA (sqm):
Plot Ratio (Incl. Bonus):
Project Name:Harmoni Apartment @ Eco Majestic
Street Name:Jalan Kesuma 1/19, 43700, Selangor
Postal Code:43700
Property Type:Condominium/Apartment
Tenure:
District/Planning Area:Semenyih
Completion:N/A
Number of Landed Units:0 units
Number of Non Landed Units:900 units
Sold Price Range/Average*:RM 0 psf - RM 0 psf / RM 0 psf
Leased Rental Range/Average**:
Implied rental yield**:%
Historical High:RM 185 psf in Sep 2015 for a 650-sqft unit
Indicative Average Price from Historical High:%
Historical Low:RM 86 psf in Aug 2015 for a 650-sqft unit
Buyer Profile by Residential Status:
Buyer Profile by Purchaser Address:
*Based on transactions in the last 48 months.
**Based on asking rental data in the last 12 months. May not be representative.

About This Project

Harmoni Apartment

Source: The Edge Property Sdn Bhd

Following the success of Simfoni and Karisma Apartments, EcoWorld is looking to launch another medium-cost apartment by the end of this month. The Harmoni Apartment will offer larger units with built-ups of 900 sq ft. Sitting on 12.86 acres, this project offers 900 3-bedroom, 2-bathroom apartments in two 20-storey blocks. Forty-four units will be reserved for buyers with a Person with Disabilities card. Each unit comes with one open and one covered parking bay.

Yap: The demand for this kind of affordable housing is high. (Photo by The Edge)

Harmoni Apartment will be launched over three phases with Phase 1 offering 352 units in Block 2. The launch dates of the next phases will depend on the response to Phase 1, Yap says.

She says the project, which mainly targets young and starter families from the surrounding area, has received more than 700 registrations so far.

“The demand for this kind of affordable housing is high,” she says. “After the launch of Karisma Apartment, we saw a demand for bigger units. For this kind of affordable apartment, a slight price variation makes a lot of difference for some buyers as they are very sensitive to the difference in the monthly instalments. That is why we have different apartment sizes.”

The amenities in Harmoni Apartment include a function room, swimming pool, children’s pool, playground, anti-climb fencing, guard house and multipurpose court. The maintenance fee is about RM150 per month.

“Here, we really looked into the minimum requirements for a household, such as parking and security, so there will be a guard house and two parking bays,” Yap says. “It is common to have two cars in a household nowadays and so we provide two parking bays. If not, residents would park by the roadside, which would create security issues.”

The covered parking bays will be in a multi-storey building that will be linked to the apartment blocks by a covered walkway.

Yap says the macro environment of Harmoni Apartment is one of the main attractions. Amenities nearby include a Tesco Extra at Jalan Semenyih, Tenby International School at Setia EcoHill, Nottingham University and Kesuma Industrial Park.

In addition, Eco Majestic is linked to Jalan Semenyih via the East Gate and Lebuhraya Kajang Seremban (Lekas Highway) via the North Gate. Next month, the West Gate will be opened to connect to the Eco Majestic interchange on the Lekas Highway.

“We will also have the 150-acre Majestic City Commercial Centre with commercial components such as a hotel and shopping mall to complete the township,” Yap says. “This commercial hub will also create job opportunities for residents.”

Sales Transaction of Harmoni Apartment @ Eco Majestic

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