The Sime Darby Property Seroja Gardens Phase 1 launch sold out in three hours, according to a press statement issued on Monday. The result gives SIMEPROP shareholders an early read on demand for landed property in Nilai Impian.
How Did Sime Darby Property Seroja Gardens Phase 1 Sell Out So Fast?
Seroja Gardens Phase 1 reached a 100% take-up within three hours of its launch in September. The group reported the result in a statement dated Monday, 12 October, without disclosing how many buyers were on the waitlist.
What Are the Seroja Gardens Phase 1 Homes Like?
- Units: 52 single-storey semi-detached homes
- Lot size: 40ft by 80ft
- Built-up: 1,971 sq ft
- Starting price: RM905,888
- GDV: RM48.3 million
The homes target upgraders and growing families who want more space. Buyers paid for landed living in a township that already has amenities.
Why Are Buyers Choosing Nilai Impian?
Sime Darby Property chief operating officer of township development Appollo Leong said: “The strong take-up reflects demand for spacious landed homes in established townships, particularly among upgraders and growing families.”
Leong said Nilai Impian connects to employment hubs in Putrajaya, Cyberjaya and the southern Klang Valley. That gives the township a strong catchment of buyers who want bigger homes near work.
Road access is the other draw. The development sits near the Nilai interchange, linking to the North–South Expressway, the North–South Expressway Central Link, the Kajang–Seremban Highway and the upcoming Nilai–Labu–Enstek Expressway.
Rail access is also nearby, with KTM stations at Batang Benar and Nilai.
What Does Phase 2 Mean for SIMEPROP Shareholders?
The group plans to unveil Phase 2 next month. The phase carries an estimated GDV of RM44 million, with starting prices from RM925,888.
That starting price is RM20,000 above Phase 1, while the GDV is RM4.3 million smaller. The gap suggests the group is pricing later phases higher.
Nilai Impian spans 1,808 acres as a mixed residential and economic hub within the KLIA growth corridor. The township aligns with the Malaysia Vision Valley 2.0 framework for industrial and regional development.
Earlier launches in the township were the double-storey link homes Emilia (99 units) and Emilia Lakeside (210 units). The source does not disclose SIMEPROP’s profit, margin, gearing or dividend, so these are the numbers worth monitoring in its next Bursa filings.
This is general information, not investment advice. Do your own research and read SIMEPROP’s Bursa announcements before making any decision. Readers who screen stocks systematically can also explore the AI Stock Analysis for Malaysians guide.
Key Takeaways
- Sime Darby Property’s Seroja Gardens Phase 1 sold 100% within three hours of its September launch.
- Phase 1 has 52 semi-detached homes, RM905,888 starting prices and a RM48.3 million GDV.
- Phase 2 is due next month with an estimated GDV of RM44 million and prices from RM925,888.
- Nilai Impian’s road and rail links, plus its 1,808-acre footprint, are the core of the township pitch.
Frequently Asked Questions
How many homes are in Sime Darby Property Seroja Gardens Phase 1?
Seroja Gardens Phase 1 has 52 single-storey semi-detached homes. Each lot measures 40ft by 80ft with 1,971 sq ft of built-up area.
Where is Seroja Gardens located?
Seroja Gardens is at Nilai Impian, Negeri Sembilan, near the Nilai interchange. The township is in the KLIA growth corridor.
When will Seroja Gardens Phase 2 be launched?
Sime Darby Property plans to unveil Phase 2 next month, according to its press statement. Phase 2 has an estimated GDV of RM44 million and starting prices from RM925,888.
What is the stock code for Sime Darby Property?
Sime Darby Property Bhd trades on Bursa Malaysia under the code KL:SIMEPROP. Check the company’s Bursa announcements for its latest financial results.
Source: View Original Article — The content is based on the original publisher. Refer to the original content for accurate info. Contact us for any changes.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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