The Valley
Bina Puri Holdings Bhd launched The Valley @ Bentong, Pahang, on March 3. Developed by its subsidiary, Karak Land Sdn Bhd, the agriculture-based venture will have farms and homesteads, and inhabit 1,600 acres. With a gross development value of RM152.7 million, it is set to be a farming community. According to Bina Puri group executive director Datuk Matthew Tee, The Valley is going to make up four parts or zones. The very first, called "The Kerau", will cover 600 acres-- divided into Phases 1 and 2-- and include homesteads. It is called after Sungai Kerau, which flows from the west to the east of the location that is being developed. Bina Puri bought the land in 2013 and soft-launched Kerau Phase 1 in December 2016 with an overall of 158 lots. They have achieved sales of more than 70% in 6 months. As a result of the huge feedback, they chose to open Stage 2, which has 138 lots for sale that are priced from RM5.88 to RM8.09 psf. Each lot has an acreage of one to two acres, or 43,560 to 87,120 sq ft. Amenities and structure such as a clubhouse, roads, drainage and energy supply will be offered by the construtor however the landowners will need to undertake the building and construction of the physical structures on their parcel themselves. Apart from the homestead development, they have additionally allocated about 230 acres for cash crops and a durian plantation at Zone 2. Phase 1 (100 acres) will provide 2,600 trees while Phase 2 (100 acres) will have 2,500. The first harvest is expected within five to 6 years. For Zones 3 and 4, we have actually sold 433 acres of the leasehold land and the balance 333 acres will be scheduled for possible advancements. The Valley is an hour's drive from Kuala Lumpur, with convenient access to the Kuala Lumpur-Karak Expressway.