PETALING JAYA (Sept 13): PRG Holdings Bhd plans to launch the last tower in affordable property development project Embayu @ Damansara West in the next two months due to the positive response for the previous towers.
In a statement today, its managing director for property and construction Datuk Alex Wee Cheng Kwan said Tower A and B at Embayu @ Damansara West have achieved a take-up rate of 80%.
“Taking into account the healthy interest in our project, we expect to hit a 100% take-up rate for Embayu @ Damansara West before our targeted completion date in December 2022,” he added.
“Moving forward, building affordable housing with quality finishing will continue to be the focus for PRG going forward. We shall announce our upcoming project soon, and it shall be done either through land acquisition or joint venture.”
Sitting on a 6.5-acre land, Embayu @ Damansara West has a gross development value of RM267 million. It offers 650 residential units, with built-ups from 1,000 sq ft. The units are priced from RM450,000 each.
The concept of the development is filled with nature, including a 44,000 sq ft central green landscape that gives residents the opportunity to be close to nature in their home.
The development is near major highways such as Damansara-Shah Alam Elevated Expressway, Guthrie Corridor Highway, New Klang Valley Expressway and Federal Highway. It is also surrounded by amenities such as Help University, Giant Hypermarket, Star Avenue Mall, Segi University Colleges and Thomson Medical Centre.