First phase of Eco Ardence 85% sold since September launch

SHAH ALAM (Nov 30): Eco World Development Group Bhd's (EcoWorld) Eco Ardence in Shah Alam has already chalked up a take-up rate of 85% for its first phase since its launch in September this year, said its president and CEO Datuk Chang Khim Wah.

Eco Ardence is a 533-acre freehold township development with a gross development value (GDV) of RM8.58 billion. It is a joint venture between EcoWorld and Cascara Sdn Bhd. The entire township is expected to be completed in eight to 10 years.

The project's first phase features 432 semi-dees and bungalow homes priced from RM1.3 million, said Chang at the official opening of Eco Ardence’s sales gallery today.

"Response for Eco Ardence has been very encouraging as it is an ideal township for upgraders," Chang said, adding that the company will be able to cater for more homebuyers with the sales gallery up and running.

EcoWorld targets to achieve a 100% take-up for Eco Ardence by October next year, said general manager Liew Tian Xiong.

"There will be four phases of landed residences in the project and we are going to launch phase 2 and 3 in the first half of 2017 (1H2017) and 2018, respectively," he said.

Similar to phase 1 of Eco Ardence, phase 2 will comprise semi-dees and bungalows with prices starting from RM1.3 million to RM3 million.

EcoWorld head of project planning, development and implementation Prakash Prasannan pointed out that the company is also considering to launch the commercial component of Eco Ardence in 1H2017, subject to market conditions.

Meanwhile on the opening of the 13,500 sq ft Eco Ardence sales gallery, EcoWorld chairman Tan Sri Liew Kee Sin said the full-fledged gallery will help serve its customers better and showcase the project to its full extent.

The project is accessible via four major highways — the New Klang Valley Expressway, Federal Highway, ELITE Highway and the Guthrie Corridor. Through these highways, Eco Ardence is 11km to Klang, 16km to Subang Jaya, 18km to Petaling Jaya, 24km to Damansara, 30km to Kuala Lumpur and 52km to KLIA.