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UEM launches Verdi ‘eco-dominiums’ in Cyberjaya
CYBERJAYA RISING: With Cyberjaya on the cusp of a property boom, UEM is poised to take the lead with a new high-rise development
UEM Land Holdings Berhad, Malaysia’s largest property development company by market capitalisation, is taking advantage of Cyberjaya’s rising property market with its launch of Verdi eco-dominiums - a high rise condominium offering state-of-the-art home features, unique design and lush greenery.
“Cyberjaya is hot right now. The property market is set to fly,” said Datuk Wan Abdullah Wan Ibrahim, UEM Land’s Managing Director and Chief Executive Officer during the launch of Verdi’s Tower 1 on Tuesday.
Conceptualised as living in a park, Wan Abdullah cited the green factor as a major selling point and believed that it would quickly win over customers.
Cutting-edge: “We could have easily built a few other condo towers at the location to maximise the commercial potential, but out of the total development area of 9.16 acres, we are preserving a huge six acres of space for park and green landscaping complete with Green Building Index (GBI) certification for the community to enjoy peaceful and natural surroundings,” said the CEO.
Connectivity: Verdi eco -dominiums is part of the 98-acre mixed strata development of Symphony Hills, an exclusive residential development and the country’s first Connected Intelligent Community (“CIC”) offering smart-home features and community connectivity through high-speed broadband.
Verdi comprises two residential towers, with Tower 1 consisting of 44 storeys and Tower 2 consisting of 45 storeys. There are a total of 800 units ranging from 700 sq ft to 1,442 sq ft with an average of 10 units per floor.
Prices start from RM451,800.00. Both towers are scheduled to complete in 2016. Verdi has an estimated Gross Development Value (GDV) of RM800 million out of a total GDV of RM1.5 billion for Symphony Hills.
There will be some mixed retail and Small Office, Home Office (SOHO) units introduced in the future to address the needs of the community in Symphony Hills.
Eco-friendly: Each unit of Verdi eco-dominiums comes equipped with smart home features such as Unified Home Network, interactive Community Services Portal, Info Kiosk / IP Telephony / Intercom, web access home control, automated lighting control, all-in-one remote controller, scenario control, temperature control and a panic button. Other amenities include multipurpose hall, gymnasium, family pool, children pool, jacuzzi pool, central garden, gazebo, children playground and a jogging trail.
There is also an ample car park complemented by security features such as card access system, CCTV system and 24-hour security services.
Verdi eco-dominiums will be managed by UEM Land’s wholly-owned subsidiary Sunrise Berhad which intends to bring Mont’ Kiara’s condo-living experiences to Verdi eco-dominiums by offering good quality finishings and innovative architectural designs.
On the market outlook, Wan Abdullah is positive despite obvious challenges. “In the current economic scenario, many people are treading with caution. Bank Negara has undertaken some cooling measures to dampen speculators, which we fully support. The measures are good for the country as a whole. Nevertheless, with the right products, prices and locations, people will still buy properties,” he said.