Excellent take up in soft market indicates strong demand for properties in City of Elmina

CITY OF ELMINA, 29 April 2019 – Elmina Valley Five (EV5), the last instalment of Sime Darby Property’s best-selling Elmina Valley (EV) series, is unquestionably a crowd favourite.

Buyers snapped up 90% of 373 units on offer during the weekend launches. Phase 1 of EV5 comprising 168 units was launched on 23rd March with virtually everything sold out. The second phase of EV5 homes, launched on 27 April, saw 83% of units taken up (171 out of 205 units) by eager purchasers within two days of the product’s launch. 37 units consisting of corner and intermediate units are still available for purchase.

EV5 is a free-hold development located at the award winning City of Elmina and part of a well-connected township that is situated right next to the iconic Elmina Central Park, a 300-acre park, of which 36 acres have been completed.

“We planned to launch only 113 units of phase 2 but after seeing the response from buyers on the first day, we made the decision to open up all 205 units for purchase. This brings the overall take up of EV5 to 90%, a major achievement in a challenging market,” said Dato’ Wan Hashimi AlBakri Wan Ahmad Amin Jaffri, Chief Operating Officer for Township Development.

The second phase of EV5 offers double-storey link homes with built-up areas from 2,404 sq ft with prices starting from RM850,399 (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.

For the first time ever, homes in Elmina Valley Five also come with FittingsPlus+, which include built-in air conditioning piping, instant water heaters, booster pump and external water filter. This not only translates into great savings for homeowners but also makes it more convenient for buyers to move into their new homes with the essentials already taken care of. 

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.

To date, Sime Darby Property has delivered 1,282 homes in the 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.

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.

Updates on Sime Darby Property activities and developments can be found on 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).

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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

Sherliza Zaharudin
Head, External Communications
Sime Darby Property Berhad

E-mail: sherliza.zaharudin@simedarbyproperty.com
Mobile: 019 – 267 6346