Lagenda Properties Berhad has joined in partnership with Bina Darulaman Berhad to champion affordable housing for the next generation at Darulaman Lagenda.
The largest affordable township in Kedah, Darulaman Lagenda consists of landed homes with attractive features, including seamless connectivity via the North South Expressway (PLUS), close proximity to Pantai Hospital Sungai Petani and Hospital Sultan Abdul Halim and an array of convenient super and hypermarkets, shopping malls, and being surrounded by educational institutions, making it the perfect location for generational living.
“Home ownership has been a constant challenge, and we see more and more people struggling to afford a home to call their own,” stated Managing Director of Lagenda, Dato Jimmy Doh. “This is why in developing our homes, we do our utmost to ensure that the lower to mid-level income groups can afford them.”
Lagenda remains committed to its aim of launching at least one new township per year and is aggressively expanding its horizons to enable Malaysians to realise their home ownership dreams.
Darulaman Lagenda’s price point matches the affordability of the surrounding community as reflected by the high percentage from buyers from Kedah and Pulau Pinang. This affordability is further supported by government incentives and initiatives which also serve to motivate civil servants and young buyers to make long-term investments in the township.
The first phase of the Darulaman Lagenda township, consisting of 282 units of affordable landed homes, was completely sold out in a matter of days after its launch. The strong demand was backed by overwhelming support from the younger generations, with sales data indicating that 53% of purchasers were aged between 20 to 30 years old while 41% of buyers were from the 31 to 40 age group.
Aimed at supporting the Government’s agenda to ensure a consistent supply of affordable homes for the B40 and M40 category, Phase 2 of Darulaman Lagenda is now launched, with another strong positive response expected given the low price point and convenient location.