Property Hunter Magazine August Issue 2014 | Page 48

/// West Malaysia Property News

Eco World Launches EcoMajestic in Selangor

Datuk Seri FD Iskandar Takes
Over the Helm at REHDA

Datuk Seri Fateh Iskandar Bin Tan Sri Dato’ Mohamed Mansor,
known globally as ‘FD Iskandar’, The Group Executive Chairman,
Chief Executive Officer, Managing Director of GLOMAC

Proud stakeholders: (From left) Eco World head of sales and marketing, credit control and customer care Evon Yap;
chief financial officer Heah Kok Boon; director Tan Sri Datuk Liew Kee Sin; director Tan Sri Lee Lam Thye; Chang;
executive director Liew Tian Xiong, and chief operating officer Datuk Sundarajoo Somu at the launching of Eco
Majestic development in Semenyih

Eco World Development
Group Bhd recently launched
its first township in the Klang
Valley called the EcoMajestic
in Semenyih, Selangor.
Spread over 1,089 acres, it is
set to be one of the largest,
fully gated and guarded townships in Malaysia with a gross
development value (GDV) of
RM11.14 billion.
Phase 1 offers 612 units of
terraced homes of varying
sizes, with prices starting from
RM586,000.
Subsequent launches will offer
semi-detached units as well as
bungalows for sale.
Designed around a colonial
theme, EcoMajestic’s master
plan includes 150 acres
dedicated for development
as a commercial hub that will
make it the centre of business
and economic activity for the
Kajang, Bangi and Semenyih
vicinity.
Some 100 acres has also been
set aside to be developed as
green zones and recreational
areas, in line with the company’s vision of eco-living.
Eco World president and chief
executive officer Datuk Chang
Khim Wah said the company
received strong support from
buyers, who lined up two days

48

prior to the official launch
to get numbers for the unit
selection.
“We get many young couples
looking for a home, as well
as older buyers who are
purchasing property for their
children so that they can live
nearby,” said Chang.
“The area has good accessibility as it connects to the existing Jalan Semenyih,” he said,
adding that a new interchange
to the LEKAS highway will be
completed in time for the
handover of units.
Chang also said that Semenyih
was a growing catchment
area as a large number of the
population are settling there.
“It is a mature township that is
close to major towns such as
Bangi and Semenyih,” he said.
“The launch comes following
the success of our first two
projects, the EcoBotanic in
Nusajaya, Johor and EcoSky
located off Jalan Ipoh in Kuala
Lumpur, which has given us
the confidence that there is a
strong demand for our properties,” Chang said, adding
that they achieved a combined total sales of RM1.13
billion as of March 31, 2014.
Apart from EcoMajestic,
the group simultaneously

www.PropertyHunter.com.my

launched two other new
development projects, the Eco
Spring and Eco Summer in
Tebrau, Johor.
The 613 acre mixed development has a combined GDV of
RM5.87 billion.
The group also previewed
their first Business Park, located in the same vicinity, called
Eco Business Park I which
aims to take the concept of
green full-serviced business
parks to another level.
The developer recently announced its sales target of
RM5 billion for financial years
2014 and 2015 at RM2 billion
and RM3 billion respectively.
“We still have many more
projects to be launched and
look forward to bringing more
innovative products to delight
our customers and followers
in the near future,” he added.
Upcoming projects include
EcoSanctuary in the Klang
Valley, the newly revamped
EcoTropics, Eco Business Park
II and III in Iskandar Malaysia,
as well as EcoMeadows on
mainland Penang over the
next few years.

Real Estate and Housing
Developers Association
Malaysia (REHDA)
welcomed its new
president Datuk Seri
Fateh Iskandar Mohamed
Mansor at its annual
delegates’ conference on
June 21.
He takes over REHDA’s
presidency from Datuk
Seri Michael KC Yam, who
has served as REHDA
president for four years
and is now immediate
past president.
The association’s current
line-up includes most
recent past president
Datuk Ng Seing Liong,
deputy president Datuk
Soam Heng Choon and
vice-president Datuk Wan
Hashimi Albakri.
Datuk Seri FD Iskandar
attended the Malay
College Kuala Kangsar
and later obtained a law
degree and subsequently
his Master’s Degree in
Business Administration
from the University of
Queensland, Australia.
He started his career
practicing law in Australia
before coming back
to Malaysia to begin
a new chapter in his
career in the property
development industry.
With more than 20
years of experience
and involvement in
the industry, Datuk
Seri FD Iskandar’s

vast experience and
expertise has made
him a very well-known
and respected figure
among his peers. He
is frequently invited
as a guest speaker in
forums, seminars and
conventions, both locally
and internationally to
offer his insights and
views on the property
market in Malaysia.
Prior to his new position,
he was the deputy
president and most
recently past branch
chairman of REHDA
Selangor.
He is also the group
managing director of
Glomac Bhd.
REHDA is recognised
as the leading voice
for advocacy and
governance in the real
estate and housing
industry in the country.
To date, REHDA
members have built
more than four million
housing units and have
contributed in excess of
RM20 billion to Malaysia’s
gross domestic product
annually.