Property Hunter Magazine Property Hunter Magazine Issue 51 - February 2014 | Page 28

/// Hot Topic Projects launched in Iskandar and take-up rate PROJECTS PRICING RM P SF LAUNCH DATE DEVELOPER/PARENT COMPANY Setia Sky 88 Maya Heights - Stella First 2 towers-1,000 (average) 100% 80% TAKE-UP RATE Launched in Sept 2012 Launched in Oct 2012 SP Seti UM Land Encorp Marina 1,300 (average) Launched in Nov 2012 Encorp Bhd Teega 750 (average) for first 2 tower 93% based on SP s A and between 820 and 850 fo r signed, bookings at Tower 3 close to 100% Launched in Dec 2012 UEM Sunrise Pinetree Residences 1,500 (average) 100% 80% Launched in Dec 2012 Tiong Nam The Wetlands 90% Launched in Jan 2013 JV between Gamuda Land and UEM Sunrise Bandar Uda Utama 40% Launched in Jan 2013 UDA Paragon Suite 90% Launched in Jan 2013 Amprojek Constructio n Raffles Suite 70% Launched in March 2013 BMAH Properties Brunsfield Iskandar W aterfront 80% (registration) Preview in March 2013 JV Between Ekovest and Brunsfield May Heights - Solar GranView 360 50% (bookings) 60% Launched in April 2013 Launched in April 2013 UM Land Northstar Frontier Straits View Residences 90% Launched in May 2013 Bandaraya Development 57% Launched in May 2013 Tropicana Soft launch in May 2013 Gromutual Preview in May 2013 Preview in May 2013 Mah Sing Bora Residences 1,200 (average) Austin 18 Meridin @ Medini Tower A -695(average) Tower C -724(average) Retail Tower B -798(average) 80% Afiniti Medini 850-1000 100% Launched in June 2013 Pulau Indah Ventures (a50:50 JV between Khazanah Nasional and Temasek Holdings) Medini Signature Tower 1 -650(average) Tower 2 -680 80% 20% Launched in July 2013 Launched in Aug 2013 WCT Country Garden @ Danga Bay Phase 1-750 80% Launched in Aug 2013 Country Garden Overall, 9,400 units 60% Puteri Cove Residences - 1st P hase 1,400 NA Launched in Nov 2013 Pacific Star Group Almas (CS-1) 800 15% (bookings) Launched in Dec 2013 UEM Sunrise 83% 33% Launched in July 2013 or those planned to be launched have a large proportion of units priced just above the RM500,00 mark. least one developer is selling some of its units either as a “buy 1 free 1” complimentary package or in facilitating fund transfers.