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100% sold out in one weekend. RM816k and above, homes.

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I love to share these news showing that the property market is slow because of sentiment and not because of a crisis or an upcoming one. Right now, people have the money but they are uncertain and have no idea if buying is the right decision. Actually, for the more informed ones, they are waiting for the right deal to come along and when it does, they buy. Simple fact. Here’s one where over one weekend, all the launched units were sold.


Strong demand for quality homes located at a well-planned township

CITY OF ELMINA, 24 March 2019 – They came, they saw, and they bought almost everything.

Almost all of the units on offer at Elmina Valley Five (EV5), a free-hold development located at the award winning City of Elmina was sold out on its first launch day on 23 March, reflecting strong demand for quality designed homes in a strategic location with excellent accessibility. 

Buyers snapped up 164 or 98% of the 168 units on offer at EV5, the last instalment of the best-selling Elmina Valley (EV) homes in the award winning City of Elmina township. All intermediate and end units have been taken up, leaving only four corner units left available for purchase.

“We are humbled and proud by this reception. Homes in the City of Elmina have always been a hit and today’s results proves it again. Our initial plan was to launch only 92 units within Phase 1 but due to 100% take up within a few hours, we decided to open up all 168 units available within the first phase. This proves that quality homes offered at the right location with the right pricing are still in demand despite challenging market conditions,”said Appollo Leong, General Manager of Business Unit 1.

“EV5 is part of a well-connected township that is situated right next to the iconic Elmina Central Park, a 300 acres park, of which 36 acres have been completed. Our homes have great architecture, beautiful and practical designs, and are definitely value for money,”added Appollo.

The second phase of EV5 homes, comprising 205 units, is set to be launched next month.

Sime Darby Property has delivered 1,282 homes in EV precinct over the last three years and EV5 is the last of this popular precinct.

Elmina homes have won nine awards at the Qlassic Awards recently, an annual national quality recognition by the Construction Industry Development Board, reflecting the quality standards behind a Sime Darby Property product.

EV5 offers double-storey link homes with built-up areas from 2,330 sq ft with prices starting from RM816,199 (after sales rebate and before Bumiputera discount). Purchasers are also eligible for stamp duty exemption for property purchases up to RM1 million before 30 June 2019 as part of the National Home Ownership Campaign 2019.

EV5 homes feature large built-up areas and an open plan layout, allowing flexibility in the usage of interior spaces. The homes are designed with large windows for abundant natural lighting, along with multigenerational features such as ramps, spacious bedroom and bathroom on the ground floor, low height switches and pocket sliding doors for the convenience of the disabled or elderly.

Other features include stone wool roof insulation, quality timber flooring and built-in alarm system. All EV5 homeowners will also enjoy complimentary high speed internet up to 1Gbps from TIMEdotcom for 2 years.

For more information on EV5, visit www.simedarbyproperty.com/the-best-is-here or contact Sime Darby Property at +603-78312253.

The City of Elmina township is well-served by an excellent road network. It is easily accessible via the North Klang Valley Expressway (NKVE), Guthrie Corridor Expressway (GCE), LATAR Expressway, ELITE Highway and Federal Highway. The expressways also link the townships to the Sultan Abdul Aziz Shah Airport, Kuala Lumpur International Airport (KLIA) and KLIA 2.

The upcoming Damansara-Shah Alam Highway (DASH), which is expected to be completed by early 2020, will significantly shorten travel time to the city centre, further enhancing the connectivity and accessibility of the townships.

The City of Elmina, winner of the MIPPEA Township Excellence Award 2018, features 5 distinctly themed parks that collectively forms the 300-acre Elmina Central Park and a 90-kilometre cycling and jogging track; one of the longest tracks in the country.

Stay updated on Sime Darby Property activities and developments at  simedarbyproperty.com, Facebook (facebook.com/SimeDarbyProperty), Instagram (instagram.com/SimeDarbyProperty) and the Sime Darby Property Mobile App (available for download via the App Store and Google Play).

— end of press release —

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