Country Garden hands over phase one of Diamond City six months early

Country Garden

KUALA LUMPUR (Jan 11): Country Garden Properties (M) Sdn Bhd has begun handing over completed units in phase one of Diamond City, Semenyih, since Jan 7, six months ahead of its scheduled handover date, said Country Garden Diamond City joint venture managing director Chai Keng Wai in a press statement today.

The 258-acre Diamond City is a joint-venture project between Country Garden Properties and Malaysia Land Properties Sdn Bhd (Mayland). Country Garden Properties is a unit of Guangzhou-based Country Garden Holdings Co Ltd and Diamond City is the Chinese developer’s second project in Malaysia.

Its first project is Country Garden Danga Bay in Johor Bahru while its third development is Forest City Iskandar.

“About 90% of units in phase one (in Diamond City) have been taken up since their launch in 2014,” Chai said.

Launched in 2014, the 100-acre phase one comprises 418 houses, made up of 113 linked homes with built-ups ranging from 2,385 to 2,650 sq ft and 305 bungalows with built-up sizes ranging between 3,333 and 3,657 sq ft.

The price for the linked houses is from RM900,000 while the bungalows have a minimum selling price of RM1.3 million.

According to Chai, phase two of Diamond City which was launched in April last year has been 70% taken up.

The 157-acre phase two development comprises 60 units of 2-storey terraced houses with built-up sizes ranging from 1,862 to 2,097 sq ft. The selling price starts from RM618,688.

The houses in phase two come with four bedrooms and three bathrooms and are set for completion in 2019.

The development features a 57,000 sq ft clubhouse equipped with facilities such as swimming pool and gym.

from TheEdgeProperty.com http://www.theedgeproperty.com.my/content/1035649/country-garden-hands-over-phase-one-diamond-city-six-months-early

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