Lebar Daun sees RM1.6b sales from Bukit Bandaraya

Attractive features... Jamil (left) and the group chief executive officer for development Norizamshah Zainal viewing the models of the double storey link houses to be lauched soon.

Property developer Kumpulan Lebar Daun Group of Companies expects total sales of RM1,6 billion from its Bukit Bandaraya development project to be launched soon in Shah Alam.

The 300-acre development, located in the heart of the city, will be developed into an integrated township consisting of 4,000 units of double storey link houses, semidetached houses, apartments, town houses, condominiums and commercial areas within the next five years.

Prices will range from RM200,000 to RM700,000.

"It may be the last chance for house buyers to get a terrace house within Shah Alam next to prestigious areas like Bukit Cahaya, Bukit Raja and Bukit Jelutong," said Lebar Daun managing director Jamil Saimon.

The group expects a sales turnover of RM250 million in the first two years upon launching, he told reporters after a signing ceremony between the group and Malayan Banking Berhad in Shah Alam yesterday for a RM52.5 million bridging loan.

The group will be launching Phase two of its project comprising 163 units of double storey terrace houses known as Palatium with a gross built-up of 1,750 sq ft on March 23.

The price ranges from RM229,8000 onwards and the houses are targeted at upper middle class buyers.

Jamil is confident that buyers would find both the locality and finishing highly attractive.

"Our houses come with the Zero Stable Panel System, a new construction technology which allows for attractive architectural features such as arches, round columns and cornices to be incorporated into the design of the houses."

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