Strong demand for quality homes located at a well-planned township

CITY OF ELMINA, 24 March 2019 - They came, they saw, and they bought almost everything.

Almost all of the units on offer at Elmina Valley Five (EV5), a free-hold development located at the award winning City of Elmina was sold out on its first launch day on 23 March, reflecting strong demand for quality designed homes in a strategic location with excellent accessibility.

Buyers snapped up 164 or 98% of the 168 units on offer at EV5, the last instalment of the best-selling Elmina Valley (EV) homes in the award winning City of Elmina township. All intermediate and end units have been taken up, leaving only four corner units left available for purchase.

"We are humbled and proud by this reception. Homes in the City of Elmina have always been a hit and today’s results proves it again. Our initial plan was to launch only 92 units within Phase 1 but due to 100% take up within a few hours, we decided
to open up all 168 units available within the first phase. This proves that quality homes offered at the right location with the right pricing are still in demand despite challenging market conditions,” said Appollo Leong, General Manager of Business Unit 1.

“EV5 is part of a well-connected township that is situated right next to the iconic Elmina Central Park, a 300 acres park, of which 36 acres have been completed. Our homes have great architecture, beautiful and practical designs, and are definitely value for money,” added Appollo.

The second phase of EV5 homes, comprising 205 units, is set to be launched next month.

Sime Darby Property has delivered 1,282 homes in EV precinct over the last three years and EV5 is the last of this popular precinct.

Elmina homes have won nine awards at the Qlassic Awards recently, an annual national quality recognition by the Construction Industry Development Board, reflecting the quality standards behind a Sime Darby Property product.

EV5 offers double-storey link homes with built-up areas from 2,330 sq ft with prices starting from RM816,199 (after sales rebate and before Bumiputera discount). Purchasers are also eligible for stamp duty exemption for property purchases up to RM1 million before 30 June 2019 as part of the National Home Ownership Campaign 2019.

EV5 homes feature large built-up areas and an open plan layout, allowing flexibility in the usage of interior spaces. The homes are designed with large windows for abundant natural lighting, along with multigenerational features such as ramps, spacious bedroom and bathroom on the ground floor, low height switches and pocket sliding doors for the convenience of the disabled or elderly.

Other features include stone wool roof insulation, quality timber flooring and built-in alarm system. All EV5 homeowners will also enjoy complimentary high speed internet up to 1Gbps from TIMEdotcom for 2 years. For more information on EV5, visit www.simedarbyproperty.com/the-best-is-here or contact Sime Darby Property at +603-78312253.

The City of Elmina township is well-served by an excellent road network. It is easily accessible via the North Klang Valley Expressway (NKVE), Guthrie Corridor Expressway (GCE), LATAR Expressway, ELITE Highway and Federal Highway. The
expressways also link the townships to the Sultan Abdul Aziz Shah Airport, Kuala Lumpur International Airport (KLIA) and KLIA 2.

The upcoming Damansara-Shah Alam Highway (DASH), which is expected to be completed by early 2020, will significantly shorten travel time to the city centre, further enhancing the connectivity and accessibility of the townships.

The City of Elmina, winner of the MIPPEA Township Excellence Award 2018, features 5 distinctly themed parks that collectively forms the 300-acre Elmina Central Park and a 90-kilometre cycling and jogging track; one of the longest tracks in the country.

Stay updated on Sime Darby Property activities and developments at simedarbyproperty.com, Facebook (facebook.com/SimeDarbyProperty), Instagram (instagram.com/SimeDarbyProperty) and the Sime Darby Property Mobile App (available for download via the App Store and Google Play).

Photo caption:

Photo 1 and 2 - Sime Darby Property receiving an overwhelming response at the launch of the double-storey link homes of Elmina Valley Five, which is targeted for completion in mid-2021

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About Sime Darby Property Berhad

Sime Darby Property is Malaysia’s largest property developer in terms of land bank with 20,411 acres of remaining developable land. On the back of a successful 46-year track record of developing sustainable communities, Sime Darby Property has to date built 23 active townships/developments with a global reach that encompasses assets and operations across the Asia Pacific region and the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station project in central London.

Sime Darby Property is a multiple award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 9th consecutive Gold at the Putra Brand Awards 2018 and its 6th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.

For more information, log on to www.simedarbyproperty.com

MEDIA CONTACT:

Ahmad Shahriman Johari
Head, Corporate Communications
Sime Darby Property Berhad

E-mail: shahriman.johari@simedarbyproperty.com
Mobile: 019 – 333 8320