UEM Sunrise Bhd at VPEX 2018

UEM Sunrise Bhd
Anwar Syahrin Abdul Ajib
UEM Sunrise Bhd managing director and CEO

“The outlook is generally optimistic for 2018, following the smooth government transition post-GE14, and the public is hopeful of positive changes to be brought about by the new government. 

As an immediate reaction, the removal of the GST has boosted sentiment especially in the commercial sub-sector. However, the outlook beyond that is somewhat uncertain as there is always an adjustment period that follows any major change. 

In the markets that we are in and are exploring, we see opportunities in different segments, depending on the profile of the local population, income level, economy potential and available supply. Presently, we are targeting areas with sizeable populations, relatively mature areas with good access, connectivity and amenities.

We think that a streamlined housing agency for affordable homes is extremely important to curb leakages in the system and to ensure system efficacy. There is also a need for reassessment of compliance fees that make up an increasingly significant portion of the development cost, which ultimately gets passed on to the public.

We would also like to ask for a more practical guideline and implementation of the bumiputra quota policy to allow units that are not taken up to be released to non-bumiputra buyers and to ensure a more transparent and consistent implementation of the policy and its release mechanism.

Meanwhile, we also look forward to better access to housing data like what has been done by Singapore’s Urban Redevelopment Authority (URA), to better read the market demand and supply situation.”

PROJECTS SHOWCASED AT VPEX 2018

Verdi Eco-dominiums

Spread across 9.15 acres in the exclusive enclave of Symphony Hills, Cyberjaya, Verdi Eco-dominiums embodies modernity and smart living. The freehold development comprises two 44- and 45-storey blocks offering 800 condominium units with layout choices of one to three-bedroom units and built-ups ranging between 700 sq ft and 1,453 sq ft.

Units at Verdi Eco-dominiums is equipped with home automation controls such as lighting scenario, air-conditioning controls and an Info Kiosk available via a video door phone. The selling price starts from RM530,800 to RM1.23 million.

The development also features a six-acre park and facilities such as jogging trails, badminton courts, gymnasium and forest-like gardens.

Special promotions for Verdi Eco-dominiums purchasers include free built-in kitchen cabinet with hood and hob, split air-conditioning units in the living, dining and all bedrooms.

Dahlia in Serene Heights

Nestled in a peaceful neighbourhood, Serene Heights is located near Bandar Baru Bangi, Kajang and Semenyih, with easy access to schools and other education institutions, banks, shops and other essential amenities.

Dahlia is the phase 4 residential development in Serene Heights offering four-bedroom freehold terraced houses with built-ups ranging between 1,943 sq ft and 2,171 sq ft. The selling price of these freehold units starts from RM585,800 to RM1 million.

The design theme for Dahlia is ‘Tropical Resort’ inspired by the ‘kampung house’.

Solaris Parq serviced apartment

Located right beside UEM Sunrise’s creative retail subsidiary, Publika Shopping Gallery, the overall Solaris Parq mixed development sits on an 18.76-acre freehold site within the Dutamas enclave in Kuala Lumpur.

Solaris Parq serviced apartment consists of two towers with 288 units per tower, offering built-up sizes ranging from 721 sq ft to 1,423 sq ft. The selling price ranges from RM873,800 to RM1.77 million.

Residents in Solaris Parq can easily access a proposed MRT station located 500m away from the development. They could also enjoy more than 30 lifestyle facilities including a 50m lap pool and a sky Jacuzzi facing a KLCC view.

Solaris Parq serviced apartment buyers will receive five pieces of kitchen appliances, namely kitchen hood and hob, oven, fridge and washing machine per unit.

Residensi Ledang

Residensi Ledang is an exclusive 6.6-acre enclave of six low-rise condominium blocks.

It is also the first low-rise condominium project in East Ledang, Iskandar Puteri which is an international zone for foreign ownership. It has easy access to major highways including the Malaysia-Singapore Second Link.

Residensi Ledang offers 117 freehold units. Each unit comes with 3+1 bedrooms, all with ensuite bathrooms. Selling price starts from RM1.13 million to RM1.47 million.

Built-up areas range from 2,475 sq ft to 2,734 sq ft. Residents will get to enjoy full facilities including two swimming pools, a gym, saunas, and an environment deck.

Teega @Puteri Harbour

Teega @Puteri Harbour is a 10-acre freehold development in UEM Sunrise’s Puteri Harbour. It comprises Teega Residence, Teega Suites, Teega Tower (office) and Teega Walk (retail). Teega Residence is a 35-storey tower with 736 apartment units with sizes ranging between 886 sq ft and 4,457 sq ft while Teega Suites offer 556 serviced apartment units in a 35-storey tower with sizes ranging from 485 sq ft to 1,621 sq ft.

Residents in Teega can enjoy an array of common facilities such as the lap pool and therapeutic spa pool, floating gym, leisure lounge with full height glass for an optimised view, BBQ areas and yoga terrace or tai chi zone.

Special freebies for residential units in Teega include kitchen cabinets with hood and hob, air-conditioning units as well as storage water heater for the master bedroom.

Estuari Gardens

Estuari Gardens is the first phase residential development within the 394-acre Estuari, Puteri Harbour in Johor. This gated-and-guarded development is surrounded by undiluted greenery and complete neighbourhood amenities. The 47.77-acre freehold Estuari Gardens offers 350 super link terraced houses with built-ups between 2,708 sq ft and 3,780 sq ft. These units are priced from RM1.39 million to RM3.39 million.

Estuari is well connected by major highways such as the Malaysia-Singapore second link, East-West link, Coastal Highway and North-South highway. It is also close to international schools and the Marlborough College Malaysia.

This story first appeared in the EdgeProp.my pullout on July 6, 2018. Download EdgeProp.my pullout here for free.