The Tate and The Borough, the latest phases at Eco Botanic 2 in Iskandar Puteri, Johor, have been 99% and 70% sold respectively.
The township is being developed by Eco World Development Group Bhd (EcoWorld). Following the success of these phases launched in March and April of this year respectively, the group plans to release the second batch of units in The Borough in 1Q2022.
“The strong take-up for Eco Botanic 2 is a testament to the fact that the demand for homes among the middle 40% (M40) group is still high. The homes at Eco Botanic 2 are very attainable for young M40 families and coupled with the Home Ownership Campaign, we hope that the positive sales momentum experienced by the group will steadily continue,” says Eco World Development Group president and CEO Datuk Chang Khim Wah in an email.
The Tate comprises 600 units of double-storey terraced and garden houses (which each come with a 9.5ft garden). Situated on a 49.22-acre parcel, the 4-bedroom units have built-ups ranging from 1,700 to 2,239 sq ft. They are scheduled for completion by September 2023, and are priced from RM612,000.
Meanwhile, The Borough, which comprises 472 units of double-storey terraced houses, was launched on April 6 this year. A total of 259 units were released at the time (out of which 70% have been taken up), while the remaining 213 units will be released in 1Q2022. The 4-bedroom units have built-ups of 1,852 to 2,329 sq ft and are priced from RM753,000. They are due to be completed in March 2024.
Chang is confident that the launch of the remaining 213 units in The Borough in 1Q2022 will be well received.
The 200-acre Eco Botanic 2 has a gross development value (GDV) of RM1.67 billion. The freehold mixed township will have a total of 1,676 units of double-storey terraced houses, 108 units of three-storey shop offices and commercial land. It is an extension of the first Eco Botanic township — launched in 2015 and is located next to it — which is due to be completed in five years.
Addressing market trends that have emerged in the Covid-19 pandemic, Chang says: “With more and more people adopting the work from home culture, homeowners are increasingly drawn to the many unique selling points of EcoWorld’s developments, featuring its signature DNA and the comprehensive lifestyle amenities available within a 10km radius of each project.”
For Eco Botanic 2, nearby amenities include Nusajaya Tech Park, Poresia Golf Club & Resort, Iskandar Malaysia Studios, Sultan Abu Bakar CIQ Complex, Horizon Hills Golf & Country Club, hospitals such as Columbia Asia Hospital and Gleneagles Medini Hospital, educational institutions such as Raffles American School, Marlborough College Malaysia and the Johor State Administration Centre.
Eco Botanic 2 is accessible via the North-South Expressway, Pasir Gudang Highway, Skudai Highway, Pulai Interchange, Second Link Expressway and Iskandar Coastal Highway.