Hillpark @ Shah Alam North Continues to Be a Sterling
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MKH BERHAD (Company No. 50948-T) 5th Floor, Wisma MKH Jalan Semenyih, 43000 Kajang Selangor Darul Ehsan Tel: +603 8737 8228 Fax: +603 8736 5436 www.mkhberhad.com MEDIA RELEASE For Immediate Release HILLPARK @ SHAH ALAM NORTH CONTINUES TO BE A STERLING SUCCESS Kajang, 26 February 2015 – An established property developer MKH Berhad (‘MKH’ or “Group”) recently unveiled the latest phase of its successful new township Hillpark @ Shah Alam North, making the Group’s biggest launch this year. The 550 acres of integrated eco- themed township with a total gross development value (“GDV’’) of not less than RM1.5 billion is designed to offer an oasis of calm, giving its residents a sense of green, serene and safe community living. This new flagship development in Puncak Alam continues to gain sterling success after 100% of the Pines (Phase 2), 100% of Cherry I & II (Phase 6) and 85% of Olive (Phase 8) were sold since launched in 2013 and 2014. The recent launch of Cherry III proved to be another success, attracting up to 1,000 visitors with 85% of 236 units sold. Cherry III is a 2-storey link homes with built-up size of 20’x 80’ square feet, price starting from RM540,000 carries an estimated GDV of RM116 million. Young and growing families as well as upgraders will find Hillpark @ Shah Alam North an attractive choice due to its reasonable price, outdoor adventures, natural surroundings and accessibility. In conjunction with the Cherry III launch cum Chinese New Year celebration, Hillpark Avenue (Phase 11) comprising 2 & 3-storey shop offices in various sizes from 20’x70’, 22’x75’ to 22’x80’, price starting from RM1,200,000 received strong interests during its preview. Other upcoming and exciting launches in this new eco-themed township this year include 2-storey link homes Meranti (Phase 3). MKH plans to launch up to RM366 million of GDV on this new township this year, making it the biggest contribution to its overall RM1.3 billion GDV launch this financial year. “We are already in the pool of green development as reflected in MKH’s recent “Green Tech” award accomplishment in January this year by Green Tech Malaysia for being Malaysia’s top 30 green catalysts. The same concept applies to Hillpark @ Shah Alam, North development,” said Tan Sri Eddy Chen, managing director of MKH. But what makes this township differ from other nature-inspired development from others is the sheer size of its Forest Park and Central Lake Park, providing 50 acres of greenery for all residents to enjoy. This excludes the neighbourhood parks which will be built in each precinct. The urban township is crafted based on nature’s charm in mind throughout the planning stages and designed for people from all walks of life. For the active lifestyle seekers, there will be mountain bike tracks, jogging tracks and innovative playground among other features. Speciality thematic parks within the development offer resident a getaway haven from the daily grind of working life. “As a measure of passive green design, all the units will be built in the north-south orientation to reduce the heat from the sun which effectively reduce the energy required to cool down the house. It has always been the desire of MKH to build affordable quality homes with a conducive build environment for a healthy lifestyle. We always believe that affordable housing should be built to high degrees of not just qualities and amenities but also safety. As safety of residents is of paramount importance, we strive to create a safer city in this self- contained township by building perimeter fencing strategically along pedestrian walkways including CCTV at each guardhouse,” added Tan Sri Datuk Eddy Chen. MKH has never lost sight on the importance of giving back to the society. In collaboration with Majlis Daerah Kuala Selangor (“MDKS”) to relocate the illegal stalls, MKH built and handed over 22 community stalls and 3 shop lots for the benefit of the community last November. The community stalls have started operating early January this year. Hillpark @ Shah Alam North is strategically located within a matured township of Puncak Alam, the Northern Corridor of Shah Alam, with easy access to six major highways such as Guthrie, LATAR Expressway, Sg-Buloh-K.Selangor, NKVE interchange, Puncak Alam highway and the proposed DASH. The distance is just 25 minutes away from Shah Alam, Petaling Jaya and Kuala Lumpur, thus providing an opportunity for cross-selling and giving potential buyers alternative,” added Tan Sri Datuk Eddy Chen. A stone’s throw away is also University Teknologi Mara (UiTM), McDonalds, Tesco and Econsave. “We expect the population in Puncak Alam to increase up to approximately 500,000 in the next 10 years. Future amenities within this growing township include LYL U10 Shah Alam class A logistic hub, super hospital as announced by Prime Minister Datuk Najib, new hypermarket on 6 acres land, police station, expansion of UiTM and primary and secondary schools,” ended Tan Sri Eddy Chen. For more information on Hillpark developments, please contact the sales office at 03-3393 7577 or visit the website at www.hillparkshahalamnorth.com. About MKH Berhad MKH Berhad (formerly known as Metro Kajang Holdings Bhd), is an established property developer in Kajang-Semenyih with an uninterrupted profit track record since its inception 36 years ago. Since 1979, MKH has earned a distinguished reputation in improving quality of lives by building good quality homes and integrated townships, while 2008 marked the Groups’ foray into oil palm plantation. Successfully listed on Bursa Malaysia in October 1995, MKH has completed more than 30,000 units of properties in Greater Kuala Lumpur with a total value exceeding RM12.0 billion. The Group has garnered a string of awards including the “Best Company for Investor Relations 2014”, “Best Companies to Work for in Asia 2014”, “The Green Tech Award”, “The Edge Malaysia Affordable Urban Housing Excellence Award 2014,” “The Edge Top Property Developers Award 2014”, and “Asia Pacific Property Award” for its 7 property developments, apart from recognition honoured to its Management leaders for their role in transforming the Kajang township and contributing to Malaysia’s property industry. MKH acquired up to 90 years concession for its 15,900 hectares of plantation land in East Kalimantan, Indonesia. Its CPO mill has been upgraded to fully operating at 90 metric tonne per hour. Contact Information: MKH Berhad Ms Irene Ang, Head of Corporate Communications Email: [email protected] M : 012 3984 133 Tel: +603 8737 8228 .