Eco World Development Group Bhd (EcoWorld) unveiled four projects late last week, located in the nation’s economic focal points of Klang Valley and Penang.
These include a first look at projects such as Eco Forest in Semenyih, Eco Business Park V in Puncak Alam and Eco Horizon in Penang’s Batu Kawan district, as well as the second phase of Eco Ardence in Setia Alam.
The launches occurred in a coordinated manner across the respective show galleries within the Klang Valley, and they were jointly attended to by EcoWorld Malaysia president and CEO Datuk Chang Khim Wah and divisional general managers Datuk Hoe Mee Ling, Ho Kwee Hong, Evon Yap and Liew Tian Xiong.
One of the most anticipated launches over the weekend was the second residential phase of Eco Ardence. Dubbed Dremien, the new RM290 million phase comprises 259 units of garden homes, semi-dees and bungalows.
According to EcoWorld, the garden homes feature built-ups of 2,401 sq ft to 2,411 sq ft, while the semi-dees offer between 2,530sq ft and 2,724sq ft of space and bungalows come in built-ups of 3,101sq ft to 4,917sq ft.
The garden homes are priced from RM1.4 million, the semi-dees from RM1.6 million and bungalows from RM2.4 million.
Overall, Eco Ardence sits on 533 acres of freehold land and has a gross development value (GDV) of RM8.5 billion. The project is expected to be completed in stages over the next 10 to 15 years.
Meanwhile, the Eco Forest project will debut its first phase “Ebonylane” precinct comprising 685 double-storey terraces priced from RM600,000. These units will be available in three sizes, 20ft by 65ft, 20ft by 70ft or 22ft by 70ft. Also available are garden homes with standard 30ft by 62ft dimensions.
Eco Business Park V is the company’s first business park development in the Klang Valley and only the fourth such project in the entire country. With a GDV of RM 3 billion, the 518-acre leasehold development is a joint venture with the Employees Provident Fund Board.
The project will offer 100 cluster or semi-dee factories at prices that are indicatively between RM1.88 million and RM3.33 million.
Meanwhile, in Penang, EcoWorld has unveiled the first phase of landed homes within the Eco Horizon township. The project is reportedly the first gated-and-guarded development in the Batu Kawan vicinity.
The first phase will comprises double-storey terraces, super linked homes and garden homes. Built-ups range from 2,290 sq ft to 2,601 sq ft, and the average price of units is RM940,000.
In total, 704 units will be on offer, but about half of these were released for sale over the weekend.
Currently, EcoWorld boasts a landbank of about 8,052.7 acres, representing an approximate GDV of over RM87.5 billion. It is currently engaged in 20 ongoing projects located in the Klang Valley, Johor’s Iskandar Malaysia region and Penang.