Albury at Mahkota Hills
Well-Thought-Out. Inside Out.
Albury is named after a small quaint town in England within the Surrey Hills, that is known for its outstanding natural beauty. The project by Kia Ace Development Sdn Bhd (a subsidiary of UM Land) is located in the Southern Corridor of Semenyih, that is nearby the mesmerising Broga Hills.
According to the director of Kia Ace Development Sdn Bhd, Benjamin Lee, “Albury is a 52.1 acreage development consisting of 331 single storey terrace houses and 382 double storey terrace houses. It is the first phase of UM Land’s interest within Mahkota Hills, where we have another 300 acres kept for future development. This project is also the homage to our legacy in township developments in Seri Alam, Seri Austin and Seri Albion.”
It will be a part of a well thought out township that provides a comfortable suburban lifestyle without all the unnecessary frills other developers provide but purchasers pay a hefty sum for.
MADE FOR HOME OWNERS
“We wanted to create a product that is affordable for the market. We incorporated value engineering at an early stage to enable us to achieve cost effective design and constructability, thereby allowing us to to transfer the savings back to our buyers.”
“We also work closely with our exclusive marketing agent, REI Group and our panel of bankers to provide a worry free experience on getting the mortgage approved. Most of our purchasers obtain a loan margin of 90%.” Said Lee.
In terms of the product, the team scrutinised the plans and layout of the building. The architects worked with interior designers to ensure the function complimented the aesthetics. Lee added, “We are able to optimise every space that provides a more comfortable space for kitchens, spacious toilets and bedrooms. Every power outlet was carefully placed so that purchasers will not have to do much renovation when they move in.”
“The well thought out mantra extends out of the house into the overall township. We spruced up the landscape, provided gated and guarded facilities, and will maintain a clubhouse with ample facilities for all residents to enjoy at minimal cost.”
“Albury is located right in the heart where top tier developers have also started developing. So the question remains, why do the smart players want to develop projects here in Semenyih? As for Albury itself, it is located south of Klang Valley where urbanites seem to be moving towards. It is the epicentre with Kajang and Cheras to the North, as well as Seremban and Nilai to the South. This area is where raw land is still affordable. As long as the input factors are cheap, developers are able to set their products at a cheaper price.”
This new development is located to the East of UMLand’s sister township Bandar Seri Putera in Bangi, a joint venture project between UMLand and CapitaLand Singapore. Mahkota Hills is accessible via the Cheras-Kajang Highway and the Lebuhraya LEKAS. There are a few schools within a 10-20 KM radius, with Nottingham University being the most recognised institution.
“The drive to and from the LEKAS highway is surrounded by household brands such as McDonald’s, KFC, Pizza Hut, Giant and Tesco to name a few. More often than not, when such brands are present, it is indicative that the area is maturing or is ready for the next phase of development. This is because these conglomerates would have done extensive analysis on demographic and economic data to determine the feasibility prior to opening an outlet. Likewise, these big firms share the same positive outlook of growth potential in this part of the South of the Klang Valley.” Lee added.
“Mahkota Hills will be the next Puchong. We are aiming to have at least 30% genuine investors for our project. Why? Because investors are the ones who generate transactions at the end of the day. Generating transactions means it will help to push up the value for future phases.”
“Look at our surrounding neighbours, they are all Malaysia’s top developers. They are all here building double storey houses, three storey houses, linked terrace homes, semi-detached and bungalow houses. What are we building, you might ask? Well, we are building single storey houses. It is about scarcity and that is why we decided to build single storey units. The scarcity, the affordability – which means that the demand for our kind of project is higher. There will be a limited number of units and if you were to purchase one now, you would be one of the few people to own an affordable product that has a very strong demand.” Lee concluded.
Albury’s double storey houses will be launched very soon in 2016. It will still be an affordable development and priced below RM500,000.
To experience more on Albury @ Mahkota Hills, please call 03 – 8723 2323 /
016 – 361 1002 or visit www.albury.my
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