By YVONNE YOONG
yvonneyoong@thestar.com.my
THE coastal town of Sekinchan which is known as a hub for eco-tourism
heralded by emerald green paddy fields and rustic fishing villages woke up to
its maiden high-rise development named One
Residence@Sekinchan in Sabak Bernam,
Selangor that integrates high quality city living with serene countryside
ambiance.
Located in the heart of Pekan Sekinchan and situated about 28km from Kuala
Selangor, this development representing the first-ever condominium developed in
a small coastal town in Malaysia was undertaken by Bina Variamas Development Sdn
Bhd, a subsidiary of KM Land Group.
One Residences@Sekinchan comprises 286 condominium units. It is complemented
by seven units of three-storey shop offices. Tower A, with its 15 storeys that
has been named “Ally” was launched in 2011. To date, it has recorded sales of
over 100 of its units ranging from 1,000sq ft to 1,200sq ft. With the key
handover taking place in November 2013, Tower A is now sold out to owner
occupiers in the form of local residents who also purchased the units as holiday
homes while investors have also purchased the remaining units priced at around
RM360 per sq ft or from RM350,000.
Having obtained the Certificate of Completion & Compliance (CCC) this
August, the 178 units at Block A have vacant possession and ready for moving
in.
Following the successful take-up rate of ‘Ally’, over 70% of the 102 units at
the 18- storey Block B with built-up areas ranging between 1,200sq ft and
1,400sq ft named as ‘Bliss’ which will be completed by mid-2015 has already been
sold.
“One Residence@Sekinchan has now become a sought-after residence as it
integrates a high quality lifestyle within the development while enabling
residents to enjoy the pleasant countryside environment,” said KM
Land Group
founder and managing director Kee Lian Yong.
The leasehold development spread across 3.95 acres (1.59 ha) of land that
comes with a GDV (gross development value) of approximately RM120mil is located
in the picturesque countryside overlooking the
Straits of Malacca. He said that
it will form a new eye-catching landmark and will spur economic activities for
the community, given the potential of the low-built village famous for being a
major rice producer in the central Peninsular of Malaysia and a pivotal supply
point for seafood.
This first of its kind development in Sekinchan will be boosted by 24-hour
guarded security facility coupled by full condominium facilities which include a
half-sized Olympic infinity swimming pool, jogging path, children’s playground,
badminton/basketball multipurpose hall and a fitness gymnasium. There will be
three-storeys allocated for car parks and each unit will come with a free car
park. The maintenance fee will be priced at an estimated 15 sen per sq ft per
month.
According to Kee, he undertook this development with PKNS (Perbadanan
Kemajuan Negeri Selangor) and the Selangor State Development Corporation because
of the value creation the project could generate for the community here while
establishing high quality residences.
He added that this was a consolidated effort to kick-start the transition of
a normal agriculture, fishing village towards the path of urban development
using the instruments of value creation, sustainable development and quality
enhancement.
Established in 2010, KM Land Group’s aims include bringing integrated
commercial and residential developments to suburban areas in its attempt to
improve social values and contribute to the economic progress of suburban
areas.
These include developments such as One Kesas in Klang and SB Perdana, Sabak
Bernam in Selangor and Sungkai Perdana in the old town of Sungkai.
For more information on Building and Construction event, please visit www.asiapacificevents.com
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