I&P launches ‘premium homes’ in Bandar Kinrara

Post date: Jan 04, 2011 10:39:25 PM

Friday, 10 December 2010

KUALA LUMPUR: I&P Group Sdn Bhd is launching what it terms as premium homes at its Bandar Kinrara township in Puchong, Selangor, this weekend.

The RM255-million Q’aseh consists of 118 superlink homes while the RM73-million Chantek offers 14 semi-detached homes. Built on land sizes of 1,915 sq ft to 6,100 sq ft, Q’aseh units have built-ups from 2,799 sq ft to 3,778 sq ft.

These are priced from RM945,888 to RM1.8 million. Meanwhile, the Chantek semidees are priced between RM2.25 million and RM3 million. The units are sized from 3,097 sq ft to 3,579 sq ft.

According to the developer, the homes had received good response during the preview weekend on Nov 27 and Nov 28. “We received 217 registrations for Q’aseh and 11 for Chantek. This will be the last launch in Bandar Kinrara this year,” said its managing director Datuk Jamaludin Osman, adding that he expects good take-ups for the two launches.

Another phase of the Chinta premium homes was also previewed together with Q’aseh and Chantek. Consisting of 22 semi-detached homes and 11 bungalows, this received 55 registrations and is scheduled for launch early next year, he told The Edge Financial Daily.

The 22 semi-detached homes in Chinta have built-ups of 4,874 sq ft to 4,994 sq ft, whilst the 11 bungalows will be sized from 4,994 to 5,730 sq ft. According to Jamaludin, these homes are called premium units because of their location in the township, sizes and pricing. For example, Chinta is at the fringe of the golf course and oversees the golf course. “This is one of the last few units which has the view of the golf course. These phases are big units with contemporary designs. “Bandar Kinrara is a premium place to stay. It has a golf course and is low density. With more upcoming facilities, we feel that Bandar Kinrara will be a highly-sought after township due to the facilities,” Jamaludin said. To further enhance the value of the township, I&P is looking at building chalets for rent next to the 18-hole Kinrara Golf Club to complement existing facilities, which include an international cricket pitch and a landscaped linear park with running tracks.

The developer will soon be submitting its plans to the local authorities for approval. Upon completion, the chalets will be managed on a joint-venture basis with a hotel management operator.

The 1,904-acre Bandar Kinrara launched in 1991 is now 70% developed. There are about 611 acres left to be developed over seven to eight years. The township has a gross development value of RM3 billion, and upon full completion, will have an estimated 13,552 residential units.

This article appeared on the Property page, The Edge Financial Daily, December 10, 2010.