Saturday, July 22, 2017

Bina Darulaman launches RM2.6b projects in Kedah

By Sharen Kaur
Published in NST, July 21, 2017

KUALA LUMPUR: Bina Darulaman Bhd (BDB) has launched two township projects worth RM2.6 billion in Kedah, responding to a market demand for spaces that offer sociability and lifestyle elements beyond typical homes.
Bina Darulaman Bhd group managing director Datuk Izham Yusoff at the launch of two integrated township developments for Kedah during the Hari Raya open house in Kuala Lumpur. 

Group managing director Datuk Izham Yusoff said the townships will be developed in Jitra and Sungai Petani over 10 years and will add vibrancy in the northern corridor.

The projects were launched by the Second Finance Minister Datuk Seri Johari Abdul Ghani at BDB’s Hari Raya open house, here, yesterday.

To be developed under the Life Series, the Darulaman Saujana and Darulaman Putra townships are set to catalyse a new wave of interest in properties in the northern region, said Izham.

“To remain competitive and relevant in the property industry, we need to create products that are innovative. The Life Series offers more than just homes. Through these developments, BDB is responding to a market demand for spaces that offer sociability and a lifestyle element beyond the homes,” he said yesterday.

“We are shaping Kedah through these integrated developments and building community habitats which are self-sustaining and offer quality lifestyles to buyers.

“To achieve this, we have partnered with award-winning architect Veritas Group and award- winning landscape architect Clouston Design Studio to conceptualise the external living environment that showcase our commitment to transforming into developers who build urban ecosystems,” said Izham.

Slated for launch at the end of this year, Darulaman Saujana is expected to boast a gross development value (GDV) of RM1 billion.

It spreads across 82.15ha and will incorporate commercial, recreation outlets and services and facilities such as skate parks and rock climbing venues.

It will have 1,500 units comprising statutory housing, townhouses, link houses, semi-Ds and bungalow lots. Units are expected to be priced between RM45,000 and RM200,000 for statutory housing and RM150,000-RM650,000 onwards for open market units.

Darulaman Putra will be spread across 93.88ha and is projected to have a GDV of RM1.6 billion.

The township is designed to embrace natural surroundings and preserve ecological balance and will contain within it the state’s first Botanical Wetlands park.

The township will house 1,620 residential units inclusive of statutory housing, link houses, semi-Ds, bungalows and condominiums. Units are expected to be priced between RM300,000 and RM1 million onwards for open market units.

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