Homebuyers have responded positively to Alira, a 5.6-acre resort-living residential project located within the 88-acre Metropark township in Subang Jaya, Selangor.

According to MCT Berhad’s chief executive officer, Teh Heng Chong, the developer opened the initial registration of interest for the project last year and has received an overwhelming response from buyers.

Teh said that the project has seen a 50 per cent take-up rate for the units released thus far.

The positive response demonstrates Alira as the latest residential project strategically located in the mature neighbourhood of Subang Jaya, as well as the resort amenities that cater to current lifestyle needs, he said.

“Buyers can expect that in the next two years, the commercial component within the bustling Metropark township, would be ready to provide conveniences and al fresco dining facilities overlooking the lake,” Teh said.

The positive response demonstrates Alira as the latest residential project strategically located in the mature neighbourhood of Subang Jaya, as well as the resort amenities that cater to current lifestyle needs.

Teh believes that buyers were drawn to Alira because it is close to GEMS International School, has direct access from Federal Highway, and is close to multinational corporations.

He said that future developments planned for the Metropark township include a shopping mall, a medical centre, and a lifestyle commercial hub with retail and restaurants.

“It will continue to provide the complete lifestyle needs of the residents,” he said.

Buyers, according to Teh, liked the well-thought-out design layout of the units and the facilities podium in addition to the resort-inspired living experience.

According to him, Alira’s amenities appeal to work-life integration, taking into account the Covid-19 ‘lifestyle’ factor such as work-from-home (WFH).

Co-working spaces and more than 40 different types of amenities are available on the facilities, podium, and rooftop levels.

Aside from that, residents seeking a healthy lifestyle will benefit from the 9.2-acre central park’s dedicated cycling track and a nature-infused jogging track surrounding the water spine feature inspired by the Yarra River in Melbourne, Australia.

Alira was designed with functionality and convenience in mind, according to MCT’s director of sales and marketing Chee Kok Keong.

“It is an idyllic modern home that blends the convenience of the city and the serenity of nature,” he said.

Alira Phase 1 has 492 units with prices ranging from RM493,800 for 695 square ft to 998 square ft units to RM802,800 for the 1,048 sq ft limited edition low-rise villas.

The project’s gross development value (GDV) is expected to be RM316.2 million.

MCT, in collaboration with Maybank, is offering the Maybank Houzkey scheme, which provides buyers with the lowest monthly instalment, 100 per cent financing, and no payment during the construction period.

Chew believes that the current market environment, combined with an attractive loan interest rate from financial institutions, makes now the best time to buy a home.

“Despite the expiry of the homeownership campaign (HOC), it didn’t have much of an impact on our launch as we still see a strong demand from purchasers, and this is reflected in the encouragingly high booking rate,” he said.

According to Chew, construction on Alira has begun, and the units are expected to be delivered to buyers in 2025.

“This will indeed be a busy year for MCT. We intend to expand to new growth centers, as evident by the launch of Aetas Damansara in Petaling Jaya in 2020 as well as a couple of project launches that we have in the pipeline for this year, namely USJ City Point and Casa Embun, an affordable residential project in our Cybersouth township.

“We will continue to focus on the affordable to mid-range market but we are ready to venture upmarket if we come across good opportunities in strategic locations, which fits into our business expansion strategy,” he added.

Source: NewStraitsTimes, January 27, 2022