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Astounding! Simply - BorneoTalk Official Website

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Development<br />

Choice investments<br />

Kuching, capital city of<br />

Sarawak, has very limited<br />

areas for growth of new<br />

townships due to the limited spaces<br />

available which leads the Sarawak<br />

Economic Development Corporation<br />

(SEDC) to pinpoint alternative sites<br />

for future growth. Hence their<br />

Bandar Baru (New Township) at Kota<br />

Samarahan just on the outskirt of the<br />

city limit, is the ideal area for new<br />

business and residential properties. In<br />

fact, the first two phases of the grand<br />

plan had already been completed<br />

and today business in the area is<br />

flourishing!<br />

SEDC’s Bandar<br />

Baru Kota<br />

Samarahan and<br />

Kilang Teres Bako<br />

offer investors<br />

choices of<br />

properties in fast<br />

developing areas in<br />

Kuching, Sarawak<br />

In view of greater demand for<br />

properties, Hock Peng Realty Sdn Bhd<br />

is embarking on Phase 4 of the project,<br />

which includes 3-storey shophouses/<br />

apartments and residential houses.<br />

Located adjacent to the existing two<br />

completed phases, these shop lots will<br />

be surrounded by terraced houses on<br />

the east and west wings. The strategic<br />

location within housing and business<br />

properties add to the desirability of<br />

these units as they will have a captured<br />

population nearby for convenience<br />

and accessibility. In the long term plan<br />

for the area, there is also a proposal<br />

for a Samarahan bus terminal to be<br />

located within the Bandar Baru Kota<br />

Samarahan project lot.<br />

Under the new business concepts<br />

of SEDC, prospective business<br />

entrepreneurs can either choose<br />

to buy or rent these new premises<br />

with the added bonus of a three<br />

(3)% discount for purchase of three<br />

(3) or more units of these 3-storey<br />

shophouses/apartments. With an<br />

area of 20,000mm X 15,100mm<br />

the various floors can be customized<br />

into retail/commercial outlets, offices,<br />

residential or apartment suites to cater<br />

to individual needs. The rental prices<br />

range from RM950 (ground floor)<br />

to RM500 (first floor) and RM300<br />

(second floor) while the sale prices<br />

are RM271,000, RM109,000 and<br />

RM54,000 for the ground, first and<br />

second floors respectively.<br />

Another interesting project under the<br />

SEDC is the Kilang Teres Bako, located<br />

at Jalan Bako, just 7km from the Senari<br />

Port on the outskirts of the Demak<br />

Laut Industrial Park, Muara Tebas.<br />

These include 10 units of two-storey<br />

Industrial Premises and 42 units of<br />

Terrace Factories completed and ready<br />

for businesses. The Industrial Premises<br />

has built-up areas ranging from 120.6<br />

sq.m (ground floor) to 140.7 - 203.7<br />

sq.m (first floor) while the Terrace<br />

Factories have built-up areas of 196.7<br />

sq.m (ground floor) and 43.9 sq.m<br />

(first floor). Currently, selling price of<br />

these units range from RM280,000 to<br />

RM450,000 for the Terrace Factories<br />

and RM400,000 to RM450,000 for<br />

Industrial Premises respectively.<br />

For more information and all those interested should write, call or visit Sarawak Economic Development Corporation (SEDC)<br />

Corporate Marketing Division • 6 th - 11 th Floor, Menara SEDC, Jalan Tunku Abdul Rahman, 93100 Kuching, Sarawak, Malaysia.<br />

Bandar Baru Kota Samarahan { Mobile/HP: +6019 8586159 (James Dago - Director), +6019 8586096 (Jason Sia - Marketing Officer) } •<br />

Kilang Teres Bako { Mobile/HP: +6019 8586159 (James Dago - Director), +6016 8992015 (Petrus Veno - Marketing Officer) }<br />

Email: sedc@po.jaring.my <strong>Website</strong>: www.sedc.com.my

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