With security being their main concern, house buyers still prefer high-rise properties over landed units when purchasing a home.

IJM Land Bhd general manager (southern region) Tham Huen Cheong attributes the popularity of high-rise apartments to the three-tier security system usually offered by them.

“In the minds of buyers, their main concern is security, which ranks above factors like location, price and comfort,” Tham said during yesterday’s launch of Epic@Iskandar Malaysia residential towers at Taman Suria Muafakat.

Thus, when buying landed properties, buyers lean towards gated and guarded housing due to the same reason.

The strong interest for high-rise apartments is apparent as over 50 percent of units of its first wing have been sold since last month.

“Most of the buyers are locals as well as Malaysians working in Singapore,” he noted.

“It is easy for them to commute to the republic as it is just 10 minutes to the Causeway.”

With a gross development value (GDV) of around RM435 million, the development comprises two 25-storey residential towers that house 528 units. Of these, 287 are in Wing A and 241 are in Wing B.

Set for completion in October 2016, Wing A offers five layouts, which start from 51 sq m to 230 sq m, while prices range between RM460,8000 and RM1.8 million.

Farah Wahida
, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email farahwahida@propertyguru.com.my

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