Sterling Group Completes Cyberjaya’s First ‘Community-centric’ Affordable Housing Development: Masrecca N19eteen

Cyberjaya, 12 November 2017 – Sterling Prima Sdn Bhd (Sterling Prima), under the Sterling Group, has recently completed its maiden affordable housing development, Masrecca N19eteen, under the ‘Rumah Selangorku’ housing scheme.

Completed two months ahead of schedule, Masrecca N19eteen, a mixed development on a 15.42-acre freehold land in the South West of Cyberjaya, comprises 960 units of 850 sq ft affordable apartments and 48 units of 20’x70’ double-storey shops. With a total GDV of approximately RM 256 million, Masrecca N19eteen will meet the present shortage of affordable housing in Cyberjaya.

“Masrecca N19eteen demonstrates our commitment to provide affordable housing that is self-contained with sustainable living conditions amid holistic surroundings to improve the community’s well-being,” said Tuan Haji Ahmad Khalif bin Tan Sri Mustapha Kamal, Executive Director of Sterling Group.

Masrecca N19eteen is a gated community equipped with CCTV with units that come with high speed internet. It has recreational facilities such as a basketball court, two futsal courts, a sepak takraw court, a children’s playground and a bicycle track. Other facilities include a multipurpose hall with capacity for 250 pax and two 8 ½ storey multilevel car parks.

Sterling Group is also constructing a 3,000-capacity mosque adjacent to the Masrecca N19eteen residential area that will be ready by the first quarter of 2018. The mosque will also house a dialysis centre to provide affordable care for the community as well as the surrounding townships. Other public amenities in the vicinity include a primary school and a Muslim cemetery with 1,000 burial plots.

In support of the ‘Rumah Selangorku’ scheme launched by the Selangor state government under the Selangor Housing and Real Property Board (LPHS), 960 first-time homeowners will receive keys to their homes from end of November 2017 till February 2018.

A symbolic key handover ceremony was held for 10 selected purchasers at Masrecca N19eteen which was officiated by Selangor Chief Minister, YAB Dato’ Seri Mohamed Azmin bin Ali.

“I would like to see more developers driven to build quality affordable housing that improves the living conditions of the community,” said the Selangor Chief Minister. During the ceremony, YAB Dato’ Seri Mohamed Azmin bin Ali took the opportunity to inspect the show units of Masrecca N19eteen.

“Our vision is to be the leader in affordable housingsolution provider for affordable housing,” said Mr Jayasangaran Dhanapal, Sterling Group Chief Operating Officer. “We want to integrate communities through our holistic approach in affordable housing,” he added.

Homeowners of Masrecca N19eteen were offered a special value added furnishing package that includes 2 free parking bays, wardrobe in all three bedrooms, free wi-fi for 24 months, Samsung branded kitchen hood and hob, washing machine, fridge, lightings and ceiling fan .

There are few limited units of the Masrecca N19eteen shop lots still available for sale. It is estimated that earliest by year end, Masrecca N19eteen will have a population of 3,000 people. This ready captive market will definitely be a great investment opportunity for potential shop lot buyers.