Mah Sing's Kinrara Residences draws more than 1,000 at preview

Mah Sing's Kinrara Residences draws more than 1,000 at preview

Crazy pricing ....

"The sales preview featured three types namely 2-storey link homes with a 2,488 sq ft built up priced indicatively at RM718,000 onwards, 2½ -storey link homes with a built-up of 3,038 sq ft priced indicatively at RM808,000 onwards and 3-storey superlink units with a 3,318 sq ft built-up with an indicative price of RM888,000 onwards."

The Sanderson - Rustic Luxury in Urban Setting

Source: Review by Estate 123

Introduction
Established in 2002 the Newfields Group has ventured into the property development scene in 2004. They started with the Puchong Gateway, its phase 1 already complete since April 2009, and phase 2 in the process of completion. At the moment, another project of theirs would soon be launched in Sept 2010 - The Sanderson.

Location
Located in Bukit Serdang, besides the Villa Pavillion and behind Technology Park Malaysia (TPM), the location of The Sanderson itself is accessible via the ungai Besi Expressway (BESRAYA), Lebuhraya Sistem Lingkaran Kajang (SILK Highway), KL-Seremban Highway and Bukit Jalil Highway. Almost every basic necessity (school, markets, bank, police station etc) are within driving distances. Well known landmarks nearby include the TPM, Villa Park, Green View Park and the Bukit Jalil Stadium. It is a short driving distance away from KL city central, as well as other well-known landmarks such as UPM and The Palace of Golden Horses; approximately within 20-30minutes drive.

The Sanderson comprises of low and high-rise condominiums on eight acres of prime, freehold land. Rustic luxury was the concept in mind with the design of the project, which emphasizes on the eco-friendly features of the facilities, as well as the greenery landscape around and within the whole project. There are 3 types of units available for choice - Villas, the largest and spacious units (1,400 – 1,600 sq. ft.); Suites, the smallest among the units (900 sq. ft.); Homes, units with sizes in between Villas and Suites (1400 sq. ft.). Prices start from RM245/ sq. ft. or RM220K minimum per unit. There are a total of 376 units available.

Reminiscence of the Serene Countryside
For a condominium in an urban area, The Sanderson aimed to provide a harmonious and pleasant environment, much like the peace and quiet of the country side, to its residents. The greenery, eco-friendly systems and convenient outdoor facilities allow residents to not only fully utilize the outdoors, but also soak in the calmness brought about by the presence of natural greenery. The 24-hours security feature is a bonus, along with the small conveniences - a gym, convenient store, yoga facility etc.

Another plus point for Sanderson is that it has been built to cater for both single professional as well as families, with its 3 different types of units suiting different lifestyles. The Villa and Home designs are excellent for families, even slightly larger ones, for its spaciousness and number of rooms; while single working residents will like the cozy design of the Suite units. The gated Linear Park is an added point - being safely within security surveillance while providing residents a place to rewind and relax by being close to nature.

Last but not least, prices, in the meantime, are quite affordable, especially for the intended target market of the project. Compared to the other surrounding condominiums, prices for The Sanderson is on a more reasonable level.

Disadvantage
The Sanderson is not completely flawless, however. While it has access to major roadways, its access points are somewhat limited. There is only one direct access to the highway, which passed by the light industrial area nearby. The access leading to Bukit Serdang is also what some visitors have commented about being 'bottle-neck', and the surrounding area leading to the condominium, especially from the highway, may encounter heavy traffic during rush hours.

Living nearby a light industry area, no matter how good the security of the premises are, or how well-maintained its facilities are, may not appeal to some, who may worried about health problems or social and security problems.

Conclusion
The Sanderson is worth considering, with its reasonable pricing, convenient facilities and good security measures, nice greenery landscape and design, plus the freehold tenure and convenient access to major roadways.

Gated Guarded Project - Sierramas vs. Desa Park City vs. Setia Eco Park

Source: Estate 123

Introduction: Who likes to know the future trends of the Malaysian property market?

What property to invest into? Could it be link-houses, apartments, condominiums, semi-dees, bungalows or villas, all in strategic locations? Almost all types will give you good returns but which investment will stand out over the longer term period...

Location
Strategic location is always the most important factor when investing in a property. However, what is the next best deciding factor. It can be anything & anybody guesses. However, let us give some thoughts, for example if we were thinking of buying our Ultimate DREAM Homes. Meaning, when money & time is no longer an obstacle to the decision making buying process, would you agree that tight security homes will become a more & more important deciding factor?

Recently, we notice that, in most property launches we visited, we started to realize that more & more developers are beginning to highlight the importance of security. Looks like the trend is Right on track....

Developer
Sierramas East & West enjoyed the first mover advantage as they are the First to market Gated & Guarded Community. Thereafter, Sam Ling Group launched Desa Park City and SP Setia launched Setia Eco Park & a few other projects follow through. However, over the last 5-10 years, the market responded poorly & demand was below expectations as local market was not ready & buyers are not YET willing to pay for the services. However, recently, there is some positive growth.

A semi-dee in Sierramas launched during 1998 priced at RM700K is marketed at RM1.2 million now. The estimated appreciation is 70% or RM50K per year. However, a semi-dee in TTDI which was sold at RM920k during 1998 is presently marketed at RM1.2 million only too. Similar properties in Bangsar are also not enjoying much appreciation now. Many affluent families are moving away from old residential areas to new gated guarded community.

Look like most developers are becoming more & more aware of this trend....we observe....

Special
Residence in Sierramas has only great comments to boast about their gated & guarded homes. Freedom to go around. Peaceful environment. Door un-locked. Emergency panic button. Jogging track, Golf courses, Butterfly farms etc etc...

Obviously, Desa Park City & Setia Eco Park are emulating Sierramas‘s concept. And we expect more similar projects to be launched soon.

All in all, the key factor is always about Tight Security & Peaceful environment for Family members.

Against
Condominium is also considered guarded & gated project. Many purchasers stayed on condominiums based on this sole factor. However, many have been disappointed with the security services & the poor management of these services always arises, whether it is manage by the developer or by the community.

Sierramas, Desa Park City & Setia‘s project includes the services & they are responsible to provide the entire services & are also given the rights to penalize non-paying residence.

Recommendation

We believe the trend is having a Home that provide a peaceful environment to your family. Obviously, it comes with a cost. The question is which one is more important – family or cost?

YTL’s Dale in Sungei Besi achieves 100% sales ahead of launch

A new benchmark has been established for homes in Sungei Besi, Kuala Lumpur with Dale, YTL Land and Development’s latest offering in Lake Fields, selling all of its 343 units ahead of the launch.


Priced between RM638,800 (US$203,200) and RM1,329,620 (US$423,243), Dale has not only set a new price standard for Sungei Besi, but has also demonstrated the area’s potential to be Kuala Lumpur’s next property hotspot, according to the developer.

A preview for YTL’s valued buyers and registrants at Starhill Gallery saw teeming crowds rushing to stake a claim in the project. A total of 100 per cent of units were sold before the end of the preview on the fourth day.

Commenting on the staggering results, Dato’ Yeoh Seok Kian, Executive Director, YTL Land & Development Berhad said: “We knew interest in Dale was high as more than 4,000 people signed up for the project through an earlier registration exercise held less than two months ago, but we certainly didn’t expect a sell-out success prior to the launch.”

He added: “This clearly shows that Lake Fields’ popularity as a modern, spacious residential development, coupled with Sungei Besi’s strategic location that is well connected with multiple highways and public transport, is in high demand.”

Dato’ Yeoh also said that the positive response was in appreciation of YTL Land’s track record of delivering truly branded homes with highly unique concepts. A testament of this was when an intermediate home from Meadows & Glades recently sold at a record RM665,000, translating to an appreciation of approximately 80 per cent from its launch price of RM360,000 in 2005.

The RM300 million Dale project is the second phase to be launched in Lake Fields and features 3-storey spacious homes enhanced with a more generous design and layout. The centrepiece of these 20’ X 80’ homes is the double volume living area with floor-to-ceiling windows, to add to its already spacious 2,600 sq ft built-up area. With a total of five bedrooms including a bedroom with an en-suite bathroom on the ground floor for the convenience of the elderly, Dale provides generous space for all in the family.

Like That Also Can ....

Malaysia Property portal, Classifieds, Listings, News, Home & Décor

BEFORE and AFTER

BEFORE:

“I purchased the house in year 2008 for RM850,000. I spent about RM700,000 to rebuild the house; almost demolishing everything. Very little of the original house is left,”

AFTER:

Phuah plans to sell the Seputeh bungalow at RM2.5 million. “Everything goes. Lock, stock and barrel, minus me (laughs).”

Dale @ Sg Besi

Zenth Residences @ Kelana Jaya

Saw a sign board at the roadside today when I am on the way home. Decided to follow the sign board and discover that SMI (developer) is actually launching their new project at Kelana Jaya - Zenth Residences.

SMI have been active developer in this area. They have built Kelana Puteri, Kelana Putera, Kelana Mahkota and Sterling PJ. Now they launching another new condominium right beside Kelana Mahkota.

There are few layouts available, from 930sf - 1100++ sf. Average price around RM370psf. For this launch, developer is giving RM10,000 discount. No interest bearing scheme or no furnishing provided as well.

I quite like this location, as myself is living here too. Is easy access to One Utama (north), or Sunway Pyramid (south). However please be reminded that this is leasehold land, and the remaining lease is about 70-80 years. Just another concern is SMI is not a very creative developer, but not a bad developer as well.

Azizi Ali: Property investment in the new decade - StarProperty.my

Azizi Ali: Property investment in the new decade - StarProperty.my

As a result of the new challenges, the investors using the current success formula of buying five properties at one go (by paying the minimum down payment and borrowing to the hilt) will be seriously hammered. They will experience much pain, to put it mildly. Some people will lose their properties, some will lose more than money and yes, some will become ex-millionaires.

Kinrara Residence - Landed House at Bandar Kinrara

From Mah Sing Website

Kinrara Residence is a mixed residential development consisting of mainly superlink homes, semi-detached homes and bungalows set in a secured and guarded enclave with tight security system for you and your family to sleep tight at night.


An exclusive clubhouse equipped with facilities such as a swimming pool, gymnasium and other communal facilities to encourage a healthier lifestyle among its residents.

Location:

Estimate Price:
1. 2-sty (2,400 sqf) - 700k
2. 2.5-sty (3,000 sqf) - 800k
3. 3-sty (3,300) sqf - 900k

Garden Plaza @ Cyberjaya