Monday, January 27, 2014

Green Beverly Hills, Putra Nilai


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Green Beverly Hills is a modern integrated township development nestled in Putra Nilai. It is approximately 10 minutes drive from KLIA and 40 minutes drive to KL city centre.
Sprawling over 350 acres, Green Beverly Hills consists of 5-star hotel, clubhouse, condominiums and duplexes, villas, and a shopping mall. The project is tagged as a green development whereby it is complemented with 70 acres of forest, 40 acres of organic farim, 20 acres of natural lake and 8-themed herb gardens.
Green Beverly Hills has a total Gross Development Value of RM5.3 billion and to be fully developed by GD Development, a member of Easy Pha-Max. The entire township is expected to be completed within 8 years.
The first development, also called Phase 1A, is Sky Bungalow which is condominium comprising 2 high-rise 20 to 25-storey towers. It comprises a total of 334 units with 1 to 4 bedrooms and 1 to 3 bathrooms. It has built-up sizes ranging from 930 sf up to 1,800 sf with 4 layouts to choose from. This Sky Bungalow was launched for RM390,000 up to RM780,000. It features floor to ceiling glass wall and a private infinity pool for each unit.
Meanwhile, Phase 1B comprises bungalows named Water Villas and Garden Villas. There are a total of 61 bungalows. The Water Villas consists of a total of 17 units which are positioned above the water. Each unit has land size of 5,257 sf up to 10,211 sf with built-ups ranging from 4,549 sf to 5,278 sf. It has 6+1 bedrooms and 7 bathrooms. Its price tags range from RM2,680,000 to RM3,175,400.
While the remaining 44 units of Green Beverly Hills are the Garden Villas, which is surrounded by lush greenery. It has built-up size of 3,513 sf to 4,285 sf with land size of 4,005 sf to 11,539 sf. It is built with 6+1 bedrooms and 7 bathrooms configuration. Its launch prices start from RM1,680,000 up to RM2,433,400.

Property Details

  • Name: Green Beverly Hills
  • Address: Putra Nilai, Nilai, Negeri Sembilan
  • Developer: GD Development (a member of Easy Pha-Max)
  • Completion Date: 2018 (Entire township)
  • Type: Mixed
  • Tenure: Freehold
  • No. of Blocks
    • Sky Villas: 2
  • No. of Storey
    • Sky Villas
      • Tower A: 25-Storey
      • Tower B: 20-Storey
  • No. of Units
    • Sky Villas: 334
    • Water Villas: 17
    • Garden Villas: 44
  • No. of Bedrooms
    • Sky Villas: 1 – 4
    • Water Villas: 6 + 1
    • Garden Villas: 6 + 1
  • No. of Bathrooms
    • Sky Villas: 1 -3
    • Water Villas: 7
    • Garden Villas: 7
  • Land Area
    • Water Villas: 5,257 – 10,211 sf
    • Garden Villas: 4,005 – 11,539 sf
  • Built-up
    • Sky Villas: 930 – 1,800 sf
    • Water Villas: 4,549 – 5,278 sf
    • Garden Villas: 3,513 – 4,285 sf
  • Maintenance Fee: RM0.45 psf
  • Launch Price
    • Sky Villas: RM390,000 – RM780,000
    • Water Villas: RM2,680,000 – RM3,175,400
    • Garden Villas: RM1,680,000 – RM2,433,400

Facilities

  • Private infinity pool
  • 3-tier security
  • Clubhouse
  • Gymnasium

Analysis

Nilai is a fast growing vicinity of Negeri Sembilan. It is well known as a hub for textiles hub whereby it offers the lowest price for most textiles in the country. Adding to that, other new developments are also believed to bring more commercial and business activities in the area including Biotech Hub and Regional Education Centre. Besides that, there are Nilai International College and Nilai Springs Golf & Country Club that will help Nilai to become an affluent address.
Even with all the modern and futuristic designs used for Green Beverly Hills, investors are still concerned on its high launch price. At about RM419 psf, it is worried that investors can’t profit in the future, as the price is high for a property in Nilai. The market price for a newly launch 2-storey terrace house is asking way below this condominium price.

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