ISLAND & Peninsular Bhd (I&P) has planned four launches comprising terraced and semi-detached homes this year for its Alam Sari project located in the township of Bangi, Selangor. Having sold out Phase 1P1 of Ilmia during its sales launch in November last year, the developer will be launching Phases 1P2 and 1P3 before the end of this month.I&P group managing director Datuk Jamaludin Osman told PropertyPlus that most of the buyers of Phase 1P1 were from and within the Bangi locality. “Buyers in Bangi look for landed property with freehold titles. There are purchasers who upgrade from living in apartments to landed homes; there are also some who upgrade from terraced homes to semidees,” he shared.Phase 1P1 homes were priced between RM248,088 and RM512,760 and offered 90 units of 2-storey terraced homes sized at 22ft by 75ft with built-ups ranging from 2,099 sq ft to 2,271 sq ft. With Phase 1P2 and 1P3, I&P expects to put out 60 units of 2-storey terraced homes and 32 units of 2- storey cluster homes respectively.Homes in Phase 1P2 are sized at 22ft by 75ft with built-ups from 2,044 sq ft to 2,500 sq ft while Phase 1P3 homes are sized at 33ft by 85ft with builtups between 2,400 sq ft and 2,600 sq ft. The homes are tentatively priced at RM255,000 for Phase 1P2 and RM448,000 for Phase 1P3. According to Jamaludin, these homes are targeted at government servants, businessmen and a multiracial community.“Phase 1P3 offers cluster-style homes, which are planned in clusters and short rows. The homes are built according to the natural terrain and are functional, with a practical layout suitable for modern-day needs. These homes are also designed to be protected from the sun and rain,” explained Jamaludin.
(The Sun 7-3-2008)
