Encorp’s Iris in Encorp Cahaya Alam 70% taken up; to launch final phase in 2Q2023

• For the final phase, Akasia 2 will offer 112 units of two-storey link homes. With built-ups from 2,408 sq ft, each unit will have four bedrooms and three bathrooms.
• Spanning 4.89 acres, Encorp Cahaya Alam is 83% developed with the remaining landbank to be developed in the next three years. It is accessible via the New Klang Valley Expressway (NKVE), Federal Highway and an upcoming LRT3 station.

KUALA LUMPUR (April 3): Encorp Bhd has received a take-up rate of 70% for Iris, the second property launch for the Encorp Cahaya Alam township in Shah Alam. Following the good response, the developer is also eyeing to launch its final phase, Akasia 2, in this quarter.

With a gross development value of RM59 million, Iris comprises 59 units of two-storey super-link homes. Priced from RM950,000, each unit will have a built-up from 2,575 sq ft with four bedrooms and three bathrooms. Iris is expected to be completed by February 2025.

In a press statement on April 1, Encorp group chief executive officer Hazurin Harun said: “It is with great excitement that we are launching our new exclusive enclave ‘Iris’. This is the second property phase we launched in Encorp Cahaya Alam since the onset of the pandemic, and we believe that this launch will bring even more growth to our company in the future.”

For the final phase, Akasia 2 will offer 112 units of two-storey link homes. With built-ups from 2,408 sq ft, each unit will have four bedrooms and three bathrooms.

Spanning 4.89 acres, Encorp Cahaya Alam is 83% developed with the remaining landbank to be developed in the next three years. It is accessible via the New Klang Valley Expressway (NKVE), Federal Highway and an upcoming LRT3 station.