Boustead Properties’ Balau Homes in Mutiara Hill Hits Good Take Up Rate

Boustead Properties Berhad’s (Boustead Properties) Balau Homes in its smart township development Mutiara Hills in Semenyih became a hit with 90% take-up rate for its Phase 1A1 and 80% for Phase 1A2. Phase 1A1 was launched during the second quarter of last year, while Phase 1A2 was soft-launched in January 2022.

Balau Homes comprising a total of 230 units of landed residential property is located in the Northern Precinct of Mutiara Hills. Phase 1A1 comprises 74 double-storey linked units and is targeted for completion in 2023, while the 66 units in Phase 1A2 are targeted for completion in 2024. With six phases in total, Balau Homes has a gross development value of RM220 million.

“We are building sustainable spaces as homes by contributing to the larger context that promotes the continued growth of every component of an integrated liveable township. We see Semenyih developing over time in a similar way as Mutiara Damansara and Mutiara Rini, evolving from neighbourhoods to become thriving, sustainable suburban cities. We are also utilising the most relevant features and technologies to cultivate an ecosystem that allows us to create value for all our stakeholders. These eco-friendly aspects are standard features in Balau Homes,” Chief Operating Officer of Bustead Proerties, Eason Phan said.

Boustead Properties Berhad Chief Operating Officer Eason Phan.

According to Eason, Balau Homes’ price point hits the sweet spot given the spaciousness and affordability of the homes.

“We have focused our efforts on designing homes that are attainable and we take pride in delivering value and quality to discerning homeowners who know what to expect when it comes to a Boustead Properties home,” he added.

Set against the scenic backdrop of Titiwangsa Range and Broga Hill, Mutiara Hills is approximately 40 minutes away from both the Kuala Lumpur City Centre (KLCC) and KualaLumpur International Airport (KLIA). It is a stone’s throw away from the mature town centreof EcoHills and is adjacent to the prestigious University of Nottingham, UK (Malaysia Campus) and other educational institutions like Tenby International School and Kolej Tuanku Jaafar.

Mutiara Hills implements ESG (environment, social and governance) principles in creating a sustainable real estate development. The township received its provisional GreenRE certification in 2021 and will continue to explore and harness various sources of renewable energy to achieve a near zero carbon development, with smart mobility, efficient water management system and other
environment-friendly features to promote liveability.

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